Court Approves David’s Bridal Paying Creditors $8.9 Million
David’s Bridal has secured court approval to pay up to $8.9 million to its creditors after filing for…
News April 21
Latest In: debt
Party City Files for Bankruptcy, Secures $150 Million Loan as it Seeks to Overcome Mounting Debt
Party City Holdco Inc. (PCHI) has filed for Chapter 11 bankruptcy protection and entered into an agreement with…
News January 18
Bloomberg: Party City Reaches Out to Creditors for More Liquidity
Party City is reportedly renewing talks with creditors to acquire liquidity with help from existing advisers, people familiar…
News December 5
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The Store Manager Bottleneck: Why Execution Is Retail’s Hidden Margin Killer
In today’s retail environment, store managers are no longer “just” operators. They are culture carriers, translators of strategy, problem solvers, and the primary architects of the customer experience. Every corporate…
June 1
Report: Westfield Parent Aims to Sell its U.S. Mall Properties by Late 2023
Mall operator Unibail-Rodamco-Westfield SE (URW) is reportedly looking to divest most of its U.S. retail properties by the…
News April 6CNBC: Macy’s To Leverage Inventory, Real Estate As Collateral To Raise $5 Billion
Macy’s will reportedly try to raise as much as $5 billion in debt to survive the COVID-19 pandemic,…
News April 22Struggling JCPenney Reportedly Hires Advisers To Seek Financial Alternatives
Editor’s Note: Since this story was published, JCPenney has released the following statement: “As a public company, we…
News July 19David’s Bridal Plans Bankruptcy Filing, Reaches Deal To Cut $400 Million In Debt
David’s Bridal confirmed that it will file for Chapter 11 bankruptcy in the near future, marking the latest…
News November 16Payless Mulls Closing 1,000 Of 4,400+ Stores
The store closing bug has claimed its latest victim, with Payless ShoeSource reportedly shuttering as many as 1,000…
News February 13
JDA Procures $570 Million Equity Investment, Avoids Sale To Honeywell
JDA Software has completed an agreement with Blackstone and its majority owner New Mountain Capital for the private…
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