Mervyns, the $2.5 billion moderate-price regional department store chain, could file for bankruptcy court protection in a matter of days, credit sources said.
There was a possibility last week that the Hayward, Calif.-based retailer might be able to get a cash infusion, but when that failed to materialize, attention shifted to a Chapter 11 filing, the sources said.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"