restructuring
Restructuring Brings Much-Needed Changes at J.Jill
The women's specialty retailer has $15 million in new capital and a refreshed operational model.
Here’s How Soon Ascena Could Exit Bankruptcy
The owner of Ann Taylor and Lane Bryant is eyeing the bankruptcy finish line.
J.Jill Vendors Will Get Paid Under Long-Awaited Restructuring
After five forbearance extensions, the distressed women's wear company is finally turning a corner.
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J.Jill’s Q2 Sales Plunge Nearly 50% as Restructuring Talks Inch Forward
J.Jill is still racing against an upcoming Sept. 11 deadline to hammer out a deal with lenders or face the…
Time Not on J. Jill’s Side as Bankruptcy Looms
J.Jill has 10 days to effect an out-of-court restructuring plan and if it can't, it'll pivot to an in-court…
Tailored Brands Will Cut Up to 500 Stores and 20% of Corporate Jobs
Men's Wearhouse parent Tailored Brands is hoping to stave off total collapse by slashing 20 percent of…
G-Star Raw Cuts 10 Percent of Jobs in Global Restructuring
Denim brand G-Star Raw announced a global restructuring that affects 10 percent of its employee base and some…
JCP Sheds 1,000 Jobs in a Tough Week for Retail Workers
Penney's job cuts compound staff reductions at REI, PVH and Burberry.
Burberry Trims 500 Jobs as First-Quarter Comp Sales Fall 45%
Burberry said the 45 percent decline improved to just down 20 percent in June, a signal that sales trends are…
Macy’s Is Cutting 3,900 Jobs in Restructuring for Post-Pandemic Future
Expected to recoup $630 million in annual savings, the move comes after CEO Jeff Gennette said Macy's would…
Troubles and Challenges Land J.Jill on Bankruptcy Watch
Already struggling prior to the coronavirus crisis, J.Jill could be the next fashion retailer to file for…
Why Is JCP Paying $7.5M in Executive Bonuses, Days From Expected Bankruptcy?
The struggling mass merchant has missed $29 million in interest payments but has millions to hand out to four…
J. C. Penney Skips $17M Payment—a Hallmark of Bankruptcy Behavior
The retail chain is exposing the depths of its financial distress by missing a $17 million interest payment…
Nordstrom Cuts 16 Stores, Saves $150M in Restructuring
The coronavirus pandemic is forcing some difficult changes at the upscale Seattle retailer.