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Wet Seal Inc

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  • Jan 22- Cache Inc is poised to become the latest U.S. apparel retailer to file for bankruptcy, Bloomberg reported, citing people familiar with the matter. The bankruptcy filing could come as early as next week, the Bloomberg report said. Last week, Wet Seal Inc became the fourth U.S. apparel retailer to file for bankruptcy in the past two months, joining Deb Shops, Delia*...

  • Jan 16- Wet Seal Inc filed for bankruptcy protection late on Thursday, a week after the struggling apparel retailer laid off 3,700 employees and closed 338 stores. Wet Seal, which reported slowing year-on-year sales growth for the past five quarters, warned last month that it may seek to restructure under provisions of the U.S. Wet Seal sells apparel and...

  • Retailer Wet Seal files for Chapter 11 bankruptcy Friday, 16 Jan 2015 | 12:03 AM ET

    Jan 16- Wet Seal Inc filed for bankruptcy protection late on Thursday, a week after the struggling apparel retailer laid off 3,700 employees and closed 338 stores. The company listed assets of $10 million to $50 million and liabilities of $100 million to $50 million, according to the filing. Wet Seal sells apparel and accessories for teen girls and young women...

  • Analysts expect companies presenting at the conference- which include Lululemon Athletica, Big Lots and Guess- to shine a light on holiday trends and discuss business expectations for 2015, and in some cases update their outlooks. J.C. Penney Co, American Eagle Outfitters and Aeropostale Inc all had strong results, though Macy's disappointed.

  • Teen fashion retailers are going out of style Wednesday, 7 Jan 2015 | 6:40 PM ET
    A Deb Shop in Westland, Michigan

    Deb Shops, the once popular teen fashion retailer, won court approval on Wednesday to begin going-out-of-business sales for nearly 300 stores.

  • UPDATE 1-Wet Seal lays off 3,700 as it closes 338 stores Wednesday, 7 Jan 2015 | 10:04 AM ET

    Jan 7- Struggling apparel retailer Wet Seal Inc said it laid off about 3,700 full- and part-time employees on Wednesday as it went ahead with the closure of 338 stores. The closed stores accounted for almost half of Wet Seal's net sales of about $317 million in the nine months to Nov. 1. The closures will result in pre-tax charges of $5.4 million- $6.4 million, Wet Seal...

  • Wet Seal lays off 3,700 as it closes 338 stores Wednesday, 7 Jan 2015 | 9:26 AM ET

    Jan 7- Struggling apparel retailer Wet Seal Inc said it laid off about 3,700 full- and part-time employees on Wednesday as it closed 338 retail stores. The closures followed Wet Seal's failure to successfully re-negotiate meaningful concessions from landlords, the company said. The closed stores accounted for almost half of Wet Seal's net sales for the nine...

  • Early Movers: LULU, RSH, SPLS, WAG, LC & more Thursday, 11 Dec 2014 | 7:59 AM ET
    A trader works on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • After-hours buzz: BURL, RH, WTSL, CNX & more Wednesday, 10 Dec 2014 | 5:27 PM ET
    market-insider-stocks-to-watch-AB-200.jpg

    Check out which companies are making headlines after the bell Wednesday: Walgreen, Restoration Hardware, Wet Seal and more.

  • Priced out? Soaring outlet rents squeeze retailers Tuesday, 14 Oct 2014 | 3:30 PM ET
    The Outlet Shoppes of The Bluegrass in Simpsonville, Kentucky, July 30, 2014.

    A real estate executive warned the "herd mentality" that sent many retailers into outlet centers may end up backfiring.

  • Jobs report brings back Goldilocks to Wall Street Friday, 3 Oct 2014 | 2:53 PM ET

    Stocks surge on Goldilocks scenario. Markets benefiting from an economy that's not too hot, not too cold.

  • Early movers: TOL, CVS, NFLX, VOD, X, HELE & more Wednesday, 3 Sep 2014 | 7:43 AM ET
    Traders work on the floor of the New York Stock Exchange in New York.

    Some of the names on the move ahead of the open.

  • After-hours buzz: Concur, Guidewire & more Tuesday, 2 Sep 2014 | 5:32 PM ET
    Traders work on the floor of the New York Stock Exchange in New York.

    Check out which companies are making headlines after the bell Tuesday: Concur, Helen of Troy, Guidewire & more.

  • Target, Nordstrom make Instagram shoppable Tuesday, 26 Aug 2014 | 1:06 PM ET
    Nordstrom's Instagram page.

    A new platform seamlessly allows Instagram users to make purchases when they see an item they like on their feeds.

  • After-hours buzz: Workday, Wet Seal, Cerner & more Tuesday, 27 May 2014 | 4:56 PM ET

    Check out which companies are making headlines after the bell Tuesday: Workday, Wet Seal, Cerner & more

  • Squawking Dr. Oz, 'Blood Lake' & the pot convention Thursday, 22 May 2014 | 1:14 PM ET
    Dr. Mehmet Oz delineates the "triangle of death."

    Talking Squawk, the official "Squawk Box" blog, provides tidbits, insights, and some sarcastic reflections on the WEEK THAT WAS and the WEEK TO COME.

  • Early movers: BAC, PEP, MAT, BLK, AAPL,YHOO & more Wednesday, 16 Oct 2013 | 7:48 AM ET

    Some of the names on the move ahead of the open.

  • After-hours buzz: Intel, Yahoo, CSX & more Tuesday, 15 Oct 2013 | 4:33 PM ET
    market-insider-stocks-to-watch-AB-200.jpg

    Check out which companies are making headlines after the bell Tuesday:

  • Outsize growth? Rent the Runway's plus-size bet Sunday, 29 Sep 2013 | 5:00 PM ET

    To fill a plus-size void, Rent the Runway recently debuted its first collection of evening gowns and cocktail dresses for curvier figures.

  • After-hours buzz: JC Penney, Guess? & more Wednesday, 28 Aug 2013 | 5:03 PM ET
    market-insider-stocks-to-watch-AB-200.jpg

    Check out which companies are making headlines after the bell Wednesday: