loans

Why Curacao ‘Zags’ When Other Retailers ‘Zig’ — and How This Drives its Success

Every retailer strives to understand its customers, but few are as deeply in tune with their audiences as Curacao. This California-based retailer…

Bed Bath & Beyond Defaults on Loan as Potential Bankruptcy Looms

Bed Bath & Beyond doesn’t have enough cash to pay down its debts and has defaulted on its credit line with JPMorgan…

Serta Simmons Bedding Files for Bankruptcy as Part of Agreement With Lenders

Serta Simmons Bedding (SSB) has filed for Chapter 11 bankruptcy at the U.S. Bankruptcy Court for the Southern District of Texas. The…

NJBIZ: American Dream Reaches Deal with Lenders for 4-Year Extension on Loan Repayment

American Dream owner Triple Five Group has reportedly reached a deal with lenders to get a four-year extension for repaying its $1.7…

American Dream Misses $8.8 Million Loan Payment

New Jersey mall and entertainment complex American Dream has failed to make an interest payment on municipal loans sold to help finance…

Destination XL Taps $17.5 Million Loan to Fuel Liquidity After Difficult Fiscal 2020

Destination XL has received a $17.5 million first-in, last-out (FILO) term loan facility to refinance certain indebtedness and provide additional liquidity for…

Tailored Brands Seeks $75 Million Loan to Keep Afloat

Tailored Brands is seeking a $75 million emergency loan from Silver Point Capital, its largest equity holder and one of its existing…

CNBC: Sears Receives $100 Million Loan From Brigade Capital Management

Sears will receive another lifeline in the form of $100 million in financing from Brigade Capital Management, people familiar with the matter…

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