Toys R Us announced it is closing or selling all of its more than 800 stores across the U.S. CNBC reported that the company is working out a plan to save at least 200 stores from going dark if it can find a buyer. Here is what caused the demise of yet another big-box retailer.
Nine West Holdings Inc. and its creditors are looking to close on a deal and restructure almost $1.5 billion in debt that would include filing for bankruptcy and selling off parts of the company, Bloomberg reported.
Toys “R” Us Inc., reported a not so stellar third quarter. Net sales were $2.018 million, a decrease of $89 million compared to 2016. Here is what the CEO Davide Brandon had to say about the third quarter and what the company plans as it moves ahead.
Toys ‘R’ Us Inc., announced it has filed for Chapter 11 bankruptcy in an effort to restructure its outstanding debt and establish a sustainable capital structure that will enable it to invest in long-term growth.
Aerosoles announced it is filing for Chapter 11 bankruptcy in an effort to become a stronger and more vibrant brand. Here is what top executives had to say about what filing for bankruptcy will mean for the business.