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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Department store chain Lord & Taylor is closing two dozen stores for good, as it continues to seek a buyer to restructure under Chapter 11 bankruptcy protection and keep its business alive. Deals will be up to 40% short, the company said Thursday morning, as it released a full list …
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Jamie Salter, Chairman and CEO of Authentic Brands Group LLC. Norm Betts | Bloomberg | Getty Images He helped save Barney’s from liquidation last year and plucked retailers Brooks Brothers and denim clothing maker Lucky Brand from bankruptcy this month – just warming up for Jamie Salter. “I’m in the …
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A pedestrian walks through a Lucky Brand retail store on July 6, 2020 in Corte Madera, California. Lucky Brand Dungarees based in Los Angeles announced that it has filed for Chapter 11 bankruptcy because the company has millions of dollars in debt. The retailer will close 13 of its 200 …
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The website of fantasy sports DraftKings Scott Olson | Getty Images Here are the stocks that make headlines in midday trading: Tesla – Shares of the electric car company rose more than 1% after two companies upgraded the stock. Morgan Stanley lifted its rating to equal weight underweight on Thursday …
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