It was as inevitable as the sun rising, but RadioShack finally filed for Chapter 11 bankruptcy protection on February 5. It’s the fifth retailer to file for Chapter 11 since the traditional kickoff of the 2014 holiday season. Here’s a look at which retailers are restructuring, and which one is riding off into the sunset.
It appears that the RadioShack brand will live on despite today’s Chapter 11 filing in the U.S. Bankruptcy Court for the District of Delaware. But the iconic electronics retailer will have a much-smaller footprint.
Lands’ End, Inc. has named Federica Marchionni as its Chief Executive Officer, effective Feb. 17. See what this means for the retailer.
The acquisition ob Boston Boot marks ShoeBuy’s expansion into the footwear manufacturing business, and provides an opportunity for the company to directly deliver superior products to its customers.
The days of buying garden gnomes, orthopedic pet beds and assorted tchachkies from SkyMall, the iconic catalog found in airline seat-back pocket. SkyMall and its parent company, Xhibit Corp., filed for Chapter 11 bankruptcy protection in the United States Bankruptcy Court for the District of Arizona.
PetSmart has entered into a definitive agreement to be acquired by a consortium led by private equity firm BC Partners, Inc. at a price of $83 per share in cash, representing a premium of approximately 39% over PetSmart’s unaffected closing share price on July 2. The transaction would be valued at approximately $8.7 billion
Abercrombie & Fitch announced today that embattled CEO Michael Jeffries is retiring. He will also be retiring as a board member, effective immediately. See what this will mean for the retailer.
The transaction provides Speed Commerce with a diverse list of marquee clients on long-term contracts, adds substantial fulfillment services assets, and solidifies the company’s position as one of the fastest growing providers of end-to-end ecommerce services.
Petco has entered into an agreement to acquire Drs. Foster and Smith, a leading veterinary-owned online pet supply company. The acquisition will unite one of the largest pet specialty retailers with one of the largest online pet retailers in the country.
When you compare Sears Holdings with its big box counterparts, it seems to be ahead of the curve when it comes to innovation and technology. However, Sears Holdings is losing money like crazy, and rumor has it store closings will escalate. Here’s a look at some of the technology and innovation that’s making Sears Holdings brands Sears and Kmart look like winners.