Talks at a retail CEO summit highlighted the dynamism of global retailing—at least among chains that ramp up their efficiency and push to reinvent themselves, said Peter J. Lynch, a Los Angeles-based Principal at A&G Realty Partners.
“Bankruptcies...
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February 28, 2019, 07:13 AM
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The other shoe is about to drop for discount footwear retailer Payless ShoeSource Inc., which is reportedly preparing to file for bankruptcy this month, the second time since 2017.
According to sources cited by Reuters, the company has been...
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February 15, 2019, 09:00 AM
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A steady drumbeat of disruption is a key driver of industries facing the need for transformative change, according to global consulting firm AlixPartners’ 14th annual survey of international restructuring experts released. New technology, rapid-fire...
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February 06, 2019, 07:24 AM
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Brookstone Company, the iconic mall retailer, announced it has begun the process of closing the company’s remaining 101 locations and is seeking a buyer for the firm. The company cited the "continued deterioration of traditional retail mall traffic"...
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August 03, 2018, 08:00 AM
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News of the looming death of the traditional retail sector may have been greatly exaggerated -- at least for distressed brick-and-mortar stores that managed to make it through a tough first half and into the start of the back-to-school season. This...
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July 18, 2018, 08:00 AM
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An overwhelming majority (95%) of U.S. consumer goods and retail CEOs are confident about the growth outlook for the global economy, the industry and their companies over the next three years, despite potential technological risks, according to a...
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September 27, 2017, 07:59 AM
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