More From Vicki M. Young
Ward Creditors File Suit Against GE Capital Corp.
NEW YORK -- The unsecured creditors committee of Montgomery Ward last week filed a lawsuit against General…
Bankrupt Ames Gets Plan From GE Capital
NEW YORK -- Ames Department Stores is hoping for another coming-out party in 2002.
The bankrupt Rocky Hill, Con…
Kmart Getting New Financing, Shuffling Management?
NEW YORK -- Ailing Kmart Corp. could have new bank financing and even a new chief executive officer before the
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Jacobson’s Files Chapter 11
NEW YORK -- Attempting to stem the flow of red ink and focus on its 18 top performing stores, Jacobson Stores…
Vendors Await Kmart’s Plans
NEW YORK -- If retailing were a democracy and vendors were voters, the informal polls would have Kmart Corp. f
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Kmart: Second Downgrade As Stock Plummets To 34-Year Low
NEW YORK -- Kmart suppliers may be searching the store for sedatives by the time the discounter's battle for s
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Nautica Amends Chu Package, Cuts 4th-Quarter Expectations
NEW YORK -- Lower demand, higher promotional costs and a $5.6 million payment to end a 1998 compensation agree…
Court Ok’s Lower DIP at Warnaco
NEW YORK -- The Warnaco Group Inc. on Thursday received Manhattan bankruptcy court approval to amend its…
Globe Manufacturing forced into Chap. 11
NEW YORK -- Three creditors have forced Globe Manufacturing Corp., the maker of Glospan spandex, into an…
Long-Struggling Wards Calls it Quits, Shutting All 250 Stores
NEW YORK -- GE Capital Corp. has finally pulled the plug on Wards.
The 128-year-old, 250-unit chain, once a…
Paul Harris to Shutter Flagship
NEW YORK -- In a move to stem the flow of red ink, distressed Paul Harris Stores Inc. will shutter the doors…
Abercrombie Complaints Turned Into a Class Action
NEW YORK -- An amended complaint in the shareholders' lawsuit against Abercrombie & Fitch has been filed…
Bradless Files Chapter 11 Again
NEW YORK -- In a move certain to add another regional discounter to the general merchandise graveyard…
CK, Wachner Fight Trial Focus
Judge Jed Rakoff, the Manhattan federal district court judge presiding over the trademark-infringement…
Weiner’s Loses $22.9 Million in Quarter
For the quarter ended Oct. 28, the Houston-based retail chain said its net loss was $22.9 million, or $1.23 a…