sycamore partners

Sycamore Partners Acquires Chico’s for $1 Billion

VC firm Sycamore Partners will purchase Chico’s FAS for $1 billion in a deal that will take the apparel retailer private. Shareholders…

New KnitWell Group Encompasses Ann Taylor, Loft and Talbots Brands

Sycamore Partners has created a new holding company for its Ann Taylor, Loft and Talbots brands, the KnitWell Group, which will also…

Kohl’s Taps Retail Veteran to Lead Merchandising and Digital Operations

Kohl’s has named Nick Jones as its new Chief Marketing and Digital Officer, effective next month. Reporting directly to CEO Tom Kingsbury,…

CNBC: Bed Bath & Beyond Looks For Loan or Potential Sale to Keep Afloat

Bed Bath & Beyond is reportedly in discussions with both prospective buyers and lenders as it seeks to keep itself operational during…

Levi’s Picks Kohl’s CEO as LS&Co. President

Kohl’s CEO Michelle Gass will leave the department store retailer to take on the newly created position of President, LS&Co., reporting to…

CommerceHub to Buy ChannelAdvisor in $635 Million Deal

CommerceHub has agreed to purchase the 27.5 million outstanding shares of ChannelAdvisor in a cash deal for $23.10 per share, or approximately…

LOFT Cancels Plus Sizes, But Will Social Media Cancel LOFT?

Consumers unleashed their fury on social media earlier this week in response to women’s apparel retailer LOFT announcing plans to stop offering…

Belk Files for Chapter 11, Plans ‘One-Day Reorganization’

[Editor’s Note: In a statement released after this story was published, Belk announced that it had successfully completed its one-day restructuring and…

Simon Asks Bankruptcy Court to Reject Sycamore’s Reorganization Plan for Ascena

Mall operator Simon Property Group and its affiliated landlords have filed an objection to the Chapter 11 reorganization plan for Ascena Retail…

L Brands Names New Victoria’s Secret President, Reiterates Spinoff Plans

L Brands, parent company of Bath & Body Works and Victoria’s Secret, has promoted Martin Waters to CEO of the latter retailer….

Bloomberg: Belk Will Pursue Bankruptcy to Restructure $2.6 Billion Debt

Belk is reportedly nearing a deal to file for bankruptcy, with plans for Sycamore Partners to hand ownership of the retailer to…

WSJ Report: Belk Lenders Try to Keep Retailer Out of Bankruptcy Court

Belk, and its lenders including KKR and Blackstone, are attempting to avoid filing for Chapter 11 bankruptcy protection via an out-of-court deal,…

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sycamore partners

Sycamore Partners Acquires Chico’s for $1 Billion

New KnitWell Group Encompasses Ann Taylor, Loft and Talbots Brands

Kohl’s Taps Retail Veteran to Lead Merchandising and Digital Operations

CNBC: Bed Bath & Beyond Looks For Loan or Potential Sale to Keep Afloat

Levi’s Picks Kohl’s CEO as LS&Co. President

CommerceHub to Buy ChannelAdvisor in $635 Million Deal

LOFT Cancels Plus Sizes, But Will Social Media Cancel LOFT?

Belk Files for Chapter 11, Plans ‘One-Day Reorganization’

Simon Asks Bankruptcy Court to Reject Sycamore’s Reorganization Plan for Ascena

L Brands Names New Victoria’s Secret President, Reiterates Spinoff Plans

Bloomberg: Belk Will Pursue Bankruptcy to Restructure $2.6 Billion Debt

WSJ Report: Belk Lenders Try to Keep Retailer Out of Bankruptcy Court

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