Bankruptcy

Financial

B. Lane Inc. Files Voluntary Chapter 11 Petition

The company does business as Fashion to Figure.

clock November 13, 2017Vicki M. Young

Shoppers walk though an elevated walkway at Nordstrom's flagship store in downtown Seattle. Nordstrom says it's temporarily halting an exploration into taking the company private. The retailer said that a group that includes several members of the Nordstrom family plans to resume looking into a possible deal after the holiday season endsNordstrom, Seattle, USA - 13 Sep 2017

Financial

Debt Market’s Influence on the Rise

With stock prices on the wane and business hurting, creditors are becoming a more important factor for fashion.

clock October 18, 2017Evan Clark

Rue 21's web site

Human Resources

Rue 21 Gets New CEO, Board of Directors Post-Bankruptcy

The new chief executive officer marks the teen retailer’s fourth since last year.

clock October 17, 2017Kali Hays

sears

Financial

Bruce Berkowitz Exit From Sears’ Board Weighs on Shares

Bruce Berkowitz founded hedge fund Fairholme Capital and has been a big supporter of Sears in recent years.

clock October 16, 2017Kali Hays

A Perfumania storefront.

Financial

Perfumania Set to Go Private With Bankruptcy Plan OK

The perfume and beauty chain moved through its bankruptcy at a rare clip.

clock October 9, 2017Kali Hays

Inside a True Religion store.

Financial

Bankruptcy Court Approves True Religion’s Reorganization Plan

The approval paves the way for True Religion’s exit from bankruptcy court proceedings.

clock October 6, 2017Vicki M. Young

sears

Financial

Sears’ Gets Another $100 Million in Financing From Lampert

The ceo has long been floating Sears operations and the latest infusion looks poised to get it through the holiday season.

clock October 5, 2017Kali Hays

Moods of Norway bankruptcy

Mens Retail Business

Moods of Norway Files for Bankruptcy

Its lead bank halted support after issues with profitability.

clock September 21, 2017Aria Hughes

Aerosoles

Financial

Aerosoles Files Chapter 11, Looks to Cut Stores

The private equity-back women’s shoe brand filed for bankruptcy in Delaware.

clock September 15, 2017Kali Hays

Looks from Rue21.com.

Financial

Rue21 Receives Bankruptcy Court Approval of Reorganization Plan

The recovery for unsecured creditors is expected to be around 5 cents on the dollar.

clock September 12, 2017Vicki M. Young

Exterior view of a Bon-Ton store

Retail

Pressures Mount for Many Retailers

Market sources eye Shopko and The Bon-Ton Stores as more pressured than some of its competitors.

clock September 11, 2017Vicki M. Young

A Perfumania storefront.

Financial

Perfumania Files Chapter 11 Petition

The company plans to exit bankruptcy proceedings as a privately held company.

clock August 27, 2017Vicki M. Young

Claire's

Financial

What to Watch: Bankruptcy

Bankruptcies in retail have mounted this year and more are likely to come.

clock August 22, 2017Kali Hays

BCBG Max Azria.

Financial

Global Brands Group to Pay $27.4 Million for BCBG’s Operations

The group will fork over an additional $4.2 million to acquire the business.

clock August 1, 2017Tiffany Ap

People entering Sears store, Yorkdale Shopping Centre, Toronto, Canada, Northern AmericaVARIOUS

Mergers and Acquisitions

Fairholme Capital, ESL No Longer Eyeing Sears Canada Deal

With the two big hedge funds no longer considering a bid for Sears Canada, others might decide to make an offer.

clock July 28, 2017Vicki M. Young

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Essentialist

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Armed police at Oxford Circus conducting an evacuation after a police incident at Oxford Circus

Business

London’s Oxford Circus Hit by Reported Gun Attack on Black Friday

clock 5hWWD Staff

Social Studies