Aéropostale Catches Second Wind With Lender Financing Approval
Aéropostale has received final approval from a U.S. bankruptcy court to procure $160 million in debtor-in-possession (DIP) financing…
News June 13
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Staples CEO Exit Highlights M&A Risks
Staples Chairman and CEO Ron Sargent has agreed to step down from his position on June 14, just…
News June 1Consumer Spending Reaches Seven-Year High, But Where’s The Money Going?
National consumer spending posted its largest one-month jump since 2009, with personal spending totals increasing 1.0% in April,…
News May 31
Amazon Wins Big As Salesforce Inks $400 Million Deal To Expand Use Of Web Services
Salesforce.com is expanding its usage of Amazon Web Services (AWS) as its public cloud infrastructure solution, in a…
News May 26Kount Integrates Fraud Protections With MasterCard, BlueSnap And Ethoca Solutions
Fraud and risk management solutions provider Kount has integrated its services into three different platforms aimed at helping…
News May 24
SuperValu Hastens Anticipated Save-A-Lot Spinoff, Amends $1.5 Billion Loan Agreement
SuperValu is now one step closer to spinning off its Save-A-Lot grocery chain into a stand-alone publicly traded…
News May 23Sports Authority Set To Close All Remaining Stores Upon Sale To Joint Liquidators
The long-running battle to keep the Sports Authority brand alive appears to have finally come to a close,…
News May 19
Department Stores Seek Answers As Q1 Results Prove Disastrous
If Q1 financial earnings reports were any indication, traditional department stores had a very rough ride to start…
News May 19Aéropostale Bankruptcy: Just The Latest Teen Trauma
In the latest example of teen retailers failing to hold their own in the industry, Aéropostale filed for…
News May 4Top Stories
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