More From Sindhu Sundar
J.C. Penney Seeks Time for Sale Talks Amid Mediation
The retailer asked to file sale documents next week while it mediates with lenders, Simon and Brookfield.
JCP Bankruptcy Sale Talks Enter Mediation Phase
The retailer and its lenders, Simon and Brookfield, are in mediation to push through sales discussions amid…
J.C. Penney Sale Talks Ongoing as Due Dates Loom
The retailer said it is working to finalize a deal with lenders, Simon and Brookfield to submit a purchase…
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Supreme Court’s Rightward Shift Poses Concerns for Workers’ Anti-Discrimination Rights
Confirming Trump's Supreme Court nominee Amy Coney Barrett bears implications for labor rights and workplace…
J.C. Penney Revs Up for Sale as Lender Faction Looks to Join Fray
The retailer is moving toward a sale hearing in early November, while a minority lender group gears up to…
J.C. Penney Faces Challenge to Sale Process as Bankruptcy Draws On
A first-lien minority creditor group is questioning the retailer's efforts to speed up a bankruptcy sale.
There’s a Glaring Lack of Hispanic and Latinx CEOs in Fashion
Few executives of Hispanic or Latinx origin lead major fashion companies, though brands say they're doubling…
Walmart Launches Fashion Essentials Brand Free Assembly
The retailer is continuing to expand its fashion offerings since its 2018 acquisition of women's apparel…
LVMH Fires Back at Tiffany Over Timing of Court Battle
The French luxury group accuses Tiffany of "meritless allegations and aggressive misdirection campaign…
LVMH Vs. Tiffany Heats Up
The French luxury giant is preparing to countersue its onetime takeover target, alleging "dishonesty" and…
Let the Lawsuits Begin: LVMH Walks Away From Tiffany
But the jeweler sued to keep the $16.2 billion deal, which has been pulled into an international trade…
J.C. Penney Reaches Tentative $1.75B Deal With Mall Cos., Lenders
The retailer told a Texas bankruptcy court Wednesday that it agreed to a tentative deal toward a sale that…
Neiman Marcus Set to Exit Bankruptcy
The retailer received a bankruptcy court's approval for a reorganization that will keep its doors open and…
Marble Ridge Founder Arrested as Neiman’s Heads for Confirmation
Marble Ridge founder Daniel Kamensky was arrested Thursday over his conduct in the Neiman's bankruptcy…
Retail Workers Face Rough Road in Corporate Bankruptcies
Store employees face a disproportionate burden of job insecurity and loss of vital benefits, and tend to lack…