US retail
The Latest
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Macy's Shares Surge Amid Positive Response To Stores Reopening
Macy's share prices surged by more than 12 percent on Tuesday, following its announcement of better-than-expected consumer response to its reopened stores. Macy's share prices surged by more than 12 percent on Tuesday, following its announcement of better-than-expected consumer response to its reopened stores. -
Oldest US Clothier Brooks Brothers Preparing For Possible Bankruptcy
Brooks Brothers is now negotiating with lenders for debtor-in-possession (DIP) financing as preparation for a potential bankruptcy protection filing. Brooks Brothers is now negotiating with lenders for debtor-in-possession (DIP) financing as preparation for a potential bankruptcy protection filing. -
Kohl's Exits Eight Underperforming Women's Apparel Brands
Iconic women's apparel brands such as Jennifer Lopez, Popsugar, Dana Buchman, Elle, and Juicy Couture will no longer be available at Kohl's department stores. Iconic women's apparel brands such as Jennifer Lopez, Popsugar, Dana Buchman, Elle, and Juicy Couture will no longer be available at Kohl's department stores. -
Neiman Marcus Is Latest US Retailer To File For Bankruptcy Protection
Neiman Marcus Group aims to come out of bankruptcy by fall with a $750 million package from its creditors that also supported its bankruptcy filing. Neiman Marcus Group aims to come out of bankruptcy by fall with a $750 million package from its creditors that also supported its bankruptcy filing. -
J Crew Files For Bankruptcy Protection Amid Continued Store Closures
J Crew expressed its commitment to pay off its debts, come out of bankruptcy, and return to profitability. J Crew expressed its commitment to pay off its debts, come out of bankruptcy, and return to profitability. -
Neiman Marcus Seeking Bankruptcy Protection After Outlets Shut Down
Neiman Marcus Group is reportedly just days away from filing for bankruptcy protection as it is no longer able to make debt payments. Neiman Marcus Group is reportedly just days away from filing for bankruptcy protection as it is no longer able to make debt payments. -
Kroger Reports 30 Percent Sales Surge, Takes Out $1 Billion Loan
Kroger reported a massive 30 percent surge in sales last month as people flock to its offline and online outlets to stock up on essentials goods. Kroger reported a massive 30 percent surge in sales last month as people flock to its offline and online outlets to stock up on essentials goods. -
Costco Acquires Innovel Solutions For $1 Billion To Boost Deliveries
Costco's acquisition of Innovel Solutions comes as other giant US retailers boost their production Costco's acquisition of Innovel Solutions comes as other giant US retailers boost their production -
Nike To Close All Stores In US And Several Other Outlets Abroad
Nike will be closing all of its 350 stores in the United States and several others abroad for 12 days starting this Monday. Nike will be closing all of its 350 stores in the United States and several others abroad for 12 days starting this Monday. -
Home Depot Beat Estimates As Investments Start To Pay Off
Home Depot's fiscal fourth-quarter earnings managed to beat analysts' estimates partly due to its strong holiday performance and above-average appliance sales. Home Depot's fiscal fourth-quarter earnings managed to beat analysts' estimates partly due to its strong holiday performance and above-average appliance sales.