Major brands and retailers are declaring Election Day as a paid holiday or giving employees paid time off to ensure they can vote in the upcoming presidential election.
The retailer told a Texas bankruptcy court Wednesday that it agreed to a tentative deal toward a sale that would keep its doors open.
Despite nearly $52 million in losses, the company sees strength in its digital and international businesses.
Store employees face a disproportionate burden of job insecurity and loss of vital benefits, and tend to lack a strong voice in the process.
The retailer said it’s at an impasse with prospective third-party bidders, and that it plans to move on a sale deal with its lenders.
A comprehensive look at the many ways the coronavirus has severely hit brands across the industry.
No successor has been named for North America’s largest manufacturer of tailored clothing.
The retailer sought payments it argued were necessary to retain a number of key employees, who do not include top management.