1 month ago 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,…
2 months ago 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…
4 months ago 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…
7 months ago 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…
2 years ago 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…
2 years ago 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…
2 years ago 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…
2 years ago 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….
2 years ago 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…
2 years ago 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,…
2 years ago Ascena Sells Ann Taylor, LOFT, Lane Bryant and Lou & Grey for $540 Million Ascena Retail Group has entered into an asset purchase agreement with Premium Apparel LLC, an affiliate of private-equity firm Sycamore Partners, to…
2 years ago Bloomberg: Sycamore Partners Places Preliminary Bids for Ann Taylor, Loft and Lane Bryant Sycamore Partners has reportedly made a preliminary bid to acquire assets from Ascena Retail Group, including the Ann Taylor, Loft and Lane…