The company behind Ross Dress for Less and other bargain retailers are thriving as consumers look to save money.
Preparations are underway to demolish the former Royer’s department store building on Main Street in Greensburg. The three-story building has been vacant for decades. Over the past 10 years, its ...
The mall is home to one of 12 Saks Fifth Avenue stores now slated to permanently shutter as part of the fashion retailer’s ongoing bankruptcy restructuring. The list also includes a location at The ...
The parent company of Saks Fifth Avenue and Neiman Marcus is closing more department stores as it focuses on its most profitable businesses and trims debt during its Chapter 11 bankruptcy ...
When a company files for Chapter 11 bankruptcy with the intent of remaining a going concern, every aspect of its financial future becomes a negotiation. Bankruptcy allows a company to negotiate with ...
Saks Global to Shutter 15 More Department Stores in Bankruptcy Restructuring NEW YORK (AP) — The parent company of Saks Fifth Avenue and Neiman Marcus is closing more department stores as it focuses ...
The closure of a decades-old department store in the heart of Boston will result in the layoff of 73 employees, according to documents filed with the state. The Neiman Marcus at Copley Place will be ...
Closures include Saks Fifth Avenue stores in eight states, a Neiman Marcus store in Boston, and 14 standalone Fifth Avenue ...
The parent of Saks Fifth Avenue and Neiman Marcus plans to close nine department stores as part of an initial review in the luxury retailer’s chapter 11 restructuring proceedings. Eight Saks Fifth ...
Department stores in NYC — once the center of every famous rump waddling with every rich wallet — gone. Shut. Closed. Bye buy, ta-ta. Remember? Barneys, Lord & Taylor, Gimbels, S. Klein’s, Ohrbach’s, ...
When Saks Global filed for Chapter 11 bankruptcy protection in January, it raised uncomfortable questions about the viability of the American department store. Can a retail model built on volume and ...
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