restructuring
Will a White Knight Write Neiman’s Next Chapter?
Sources expect debt-saddled Neiman Marcus to file for bankruptcy shortly, but a white knight could change the…
Factors Have Given Up on J.C. Penney for Now—Here’s What That Means
A credit downgrade and no timing on when stores may reopen has factors no longer approving orders for…
Neiman Marcus Bankruptcy Filing Likely Over Next Six Months: S&P
Credit ratings firm S&P's expecting a Neiman bankruptcy or restructuring over the next six months due to an…
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Express Inc. Posts Q4 Beat, But There’s a Problem With Q1 Outlook
Express is just starting a new strategic plan, but its Q1 outlook forecasts a wider net loss per share than…
Kohl’s Cuts 250 Jobs and Shakes Up Merchant Team
The retailer said job cuts are concentrated in corporate headquarters and among store leadership, with the…
Troubled Toms Shoes Switches CEOs After Debt Deal
The CEO switch comes a month after Toms announced an agreement to cede control to creditors in exchange for a…
Express Targets 100 Stores for Closure Under Restructuring Plan
Closing up to 100 stores is part of the company's The EXPRESSway Forward restructuring strategy engineered to…
Payless Exits Bankruptcy With Plan to Open Stores
Payless ShoeSource exited bankruptcy earlier this month and now has re-energized management with a bold new…
Express Cuts Jobs at Headquarters and NYC Studio, Store Closings Could Be Next
The job cuts at HQ and NYC design studio are the result of a new corporate strategy aimed at returning…
Pier 1 First to Announce Big-Box Store Closures in 2020
Pier 1 Imports was first to disclose store closures in 2020, and others will soon follow with their store…
Forever 21 Files for Bankruptcy, 178 Stores Targeted for Closing
Forever 21 ended months of speculation by finally filing for Chapter 11 bankruptcy court protection on Sunday.
Forever 21 Bankruptcy Filing Could be Just Weeks Away
A Forever 21 bankruptcy appears to be very close at hand.
Forever 21 Said to be Nearing Bankruptcy as Trade War Adds Pressure
While Forever 21 could still ink a deal with a lender to keep it out of bankruptcy, a looming cash crunch…
No ‘White Knight’ for Bankrupt Barneys but $218 Million DIP Financing Rolls In
Barneys New York got a bit of good news Tuesday in the form of a better financing deal as it continues…
How J.C. Penney Plans to Bypass Bankruptcy
While J.C. Penney overhauls its merchandise, it's now also taking a closer look at its financial health…