The company that has given Pier 1 imports, dressburn and model sporting goods a second chance in life is adding another monstrous retailer to its empire: Stein Mart. Miami-based retail ecommerce ventures have emerged victorious in a bankruptcy court auction for the intellectual property of Stein Mart, the company announced …
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John Deere combinators will be appearing on Tuesday, August 28, 2018 at the Farm Progress Show in Boone, Iowa, US. Daniel Acker | Bloomberg | Getty Images Check out the companies that make headlines in the afternoon trade. Deere – Shares of farm machinery company rose 4.7% Friday after Deere …
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Traders work on the floor of the New York Stock Exchange in the afternoon of October 14, 2015 in New York City. Andrew Burton | Getty Images News | Getty Images Check out the companies that make headlines after hours on Thursday: Ross Stores – Shares of the discount trade …
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Off-price retailer Stein Mart Inc. announced bankruptcy on Tuesday amid rising off-price pressures, a retail category that grew for COVID-19. To be sure, Stein Mart SMRT, -37.89% , like many other retailers that have submitted Chapter 11, face challenges even before the coronavirus pandemic. Fiscal losses for 2019 totaled 22 …
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People walk through the New York Stock Exchange (NYSE) building during the Covid-19 pandemic in New York on May 26, 2020. Tayfun Coskun | Anadolu Agency | fake pictures (This story is for CNBC Pro Subscribers only.) The coronavirus pandemic, which appears to be experiencing a resurgence, is causing more …
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