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Is There Life After Bankruptcy For Payless?
Thursday, February 21, 2019 - 1:15pm | 546Payless has filed for Chapter 11 bankruptcy protection and announced plans to close all of its roughly 2,500 North American stores. Payless’ second bankruptcy filing in two years and the store closure announcement may spell the end of the line for the long-lived American shoe retailer. Case...
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Toy Stocks Mostly Lower After Toys 'R' Us Confirms Bankruptcy
Tuesday, September 19, 2017 - 9:25am | 497Toy stocks were hard hit last week after reports suggested that the toy-retail giant Toys "R" Us was close to potentially filing for bankruptcy. By Tuesday morning, the company's deceleration of bankrupt was made official, The Washington Post and other media outlets reported. Toys "R" Us filed for...
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Many Retailers Are 'Incredibly Bad' At Offering Compelling Shopping Experiences, New Survey Finds
Wednesday, June 21, 2017 - 9:40am | 378It shouldn't come as much as a surprise in today's retail environment that stores who offer consumers an exciting and compelling reason to visit outperform those who don't. For example, the off-price chain TJX Companies Inc (NYSE: TJX) offer consumers the thrill of finding bargains with...
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Wal-Mart's Huge E-Commerce Bet On Marc Lore Starts Paying Off
Saturday, May 20, 2017 - 2:50pm | 496Wal-Mart Stores Inc (NYSE: WMT) shook up the business world after announcing its massive acquisition of Jet.com to boost its e-commerce operations last August. The Quest For Lore The move was more of acqui-hire to secure Jet.com founder Marc Lore and bring his e-commerce expertise to the world...