Financial

Accessories News

Financial

An Aéropostale store front.

Aéropostale Ch. 11 Sets Battle Between Retailer, Major Shareholder

Aéropostale’s major shareholder, Sycamore Partners, exchange allegations over the actions of Sycamore’s subsidiary MGF Sourcing.

A Sports Authority store.

Sports Authority No Longer Planning to Reorganize Operations

The company hopes to sell itself in a bankruptcy auction.

Sears

Sears Closures Could Hurt Some Mall Loans

Sears’ decision to close stores could hurt the mall loans that depend on that rent, according to Morningstar Credit Rating agency.

Exterior of an Aeropostale store.

Aéropostale Shares Now Trade OTC

A possible bankruptcy filing is still looming on the horizon.

An Aéropostale store front.

Aéropostale Shares Halted on Bankruptcy Speculation

Shares were at 15 cents at the last trade.

A Christopher & Banks storefront.

Seth R. Johnson: Nominee to Christopher & Banks Board

The annual meeting will be held on June 30.

An Eastern Mountain Sports store front.

Vestis Retail Group Files Ch. 11 Petition

Vestis will shutter its Sport Chalet business.

Selfridges flagship store on Oxford Street.

Global Tourist Spending Drops Sharply in March

According to an analysis by Barclays, this has been the worst monthly result since 2010.

Sears

Sears Holdings Secures Loan With Help From Chairman Lampert

The company said half was funded under the current facility, and the remaining $250 million can be drawn later.