Road to Restructuring: Retailers Drive Toward More Cutbacks
Even without the high drama of Chapter 11, restructuring continues to be the order of the day across retailing. “You will see restructuring over all industries,” stated Allen Questrom, chairman and chief executive of J.C. Penney Co.
From This Issue
Europe Watch: Waving The Flag…Benelux Redux…How Much Is That Money In The Window?…Trading Up…Galeries Hopping…Second In Command…Cool And The Gang
WAVING THE FLAG: Tommy Hilfiger is charging ahead in Spain. Its first flagship — and third Spanish store — opened in Barcelona late last month. The two-level location on Paseo de Gracia, considered the Catalan capital’s…