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Stage Stores stock loses more than half its value after disappointing holiday sales
Shares of Stage Stores Inc. plummeted 55% on heavy volume Monday, putting them on track for a record one-day selloff, after the department store chain warned of wider-than-expected losses in the wake of disappointing holiday sales. Trading volume .....»»
Destination Maternity to close 183 stores in Chapter 11 bankruptcy
Destination Maternity filed for Chapter 11 bankruptcy protection Monday as the apparel company hopes to avoid the graveyard of.....»»
Wednesday Sector Laggards: Grocery & Drug Stores, General Contractors & Builders
In tradi.....»»
Bon-Ton auction pushed back a day
A bankruptcy auction that will shed light on the fate of department store chain operator The Bon-Ton Stores Inc. has been pushed back a day. The bankruptcy auction was originally set for Monday, April 9, and has been rescheduled for April 10, acc.....»»
Judge signs orders approving sale of Bon-Ton"s intellectual property
A judge signed off Monday on the sale of The Bon-Ton Stores Inc.’s intellectual property. The department store chain, which had corporate offices in Milwaukee, closed the doors at its retail operations at the end of August after liquidating its m.....»»
Monday Sector Leaders: Music & Electronics Stores, Vehicle Manufacturers
In trading on Monday music amp electronics stores shares were relative leaders up on the day by about 2 7 Leading the group were shares of Gamestop GME up about 6 4 and shares of JD com JD up about 5 5 on the day Also showing relative strength are vehicle.....»»
The Year In Retail: Struggling Department Stores, A Smartwatch Success And Predictions
The retail sector was at a turning point in 2018. The rise of Amazon.com, Inc. (NASDAQ: AMZN) has dominated the narrative for years, but 2018 proved to be a winning year for the segment. read more.....»»
Some Good News for Dollar Stores
On some days investors get to see good news hit a sector from multiple angles. That was the case for the dollar store and discount store sector on Monday......»»
Charlotte Russe files bankruptcy, plans to shut nearly 100 stores
Women's apparel company Charlotte Russe on Monday filed for Chapter 11 bankruptcy protection and said it planned to shut about 94 stores......»»
Charlotte Russe files bankruptcy, plans to shut nearly 100 stores
Women's apparel company Charlotte Russe on Monday filed for Chapter 11 bankruptcy protection and said it planned to shut about 94 stores......»»
Sears makes case to judge for rescue deal with chairman Lampert
The once-mighty Sears department store chain took its fight for survival to a bankruptcy judge on Monday, arguing the proposed $5.2 billion sale to its chairman, Eddie Lampert, would help save 45,000 jobs and keep 425 stores open......»»
Express Inc. files for Ch. 11 bankruptcy as it closes stores and eyes sale
Express Inc. is closing more than 100 stores across multiple brands as a potential sale looms. The Columbus, Ohio-based retailer Monday said a consortium led by WHP Global and including a subsidiary of Simon Property Group LP and Brookfie.....»»
Kroger and Albertsons propose selling off more Illinois stores in bid for merger approval
Under federal scrutiny over their plans to merge, the grocery giants said Monday they will sell off abo.....»»
Apparel Retailer Express Files for Bankruptcy; Shuts Some Stores
Express Inc (OTC:EXPR) and subsidiaries file Chapter 11 petitions, signaling a strategic move to optimize operations and strengthen financial position. The retailer pl.....»»
Target smashes Wall Street forecasts as shoppers return to stores
Target Corp. on Tuesday reported much better than expected first-quarter results, powered by the return of many consumers to physical stores and the revival of higher-margin categories like apparel. The Wall Street Journal has an early take on the .....»»
As some mask rules ease, Chicago stores, gyms, restaurants face battle to keep customers happy — and safe
When Gov. J.B. Pritzker eased statewide mask requirements on Monday, many businesses in Chicago, where the mask rule remains in place, were still scrambling to figure out how to respond to last week’s updated guidance from federal health of.....»»
One of London"s most iconic luxury department stores, Selfridges, is hosting in-store mini weddings for $9,000
The cheapest Selfridges wedding package includes hair and makeup, a t.....»»
New marijuana stores and cultivation facilities won"t be allowed to open in some neighborhoods
After Denver's city council approved changes to marijuana regulations to allow things like pot delivery and pot-friendly lounges, the Department of Excise and Licenses released a list today of neighborhoods where new pot stores and cultivation f.....»»
New York Gov. Cuomo says restaurants, museums, theaters and stores will fully reopen May 19
New York Gov. Andrew Cuomo said Monday that the state will have a major reopening on May 19, when most capacity restrictions will be lifted. Restaurants, museums, theaters and retail outlets will be allowed to .....»»
Mall department stores were struggling. The pandemic has pushed them to the edge of extinction.
Half the country’s remaining mall-based department stores are expected to shutter by 2025......»»