Retail
Specialty Retail
Despite filing for Chapter 11 bankruptcy, Toys R Us plans to hire more than 12,500 for the top six markets during the holiday season.
Sept 21- Toys "R" Us Inc, the U.S. toy retailer that filed for bankruptcy protection this week, said on Thursday it is hiring part-time seasonal workers to staff its stores for the holidays, including for a new position of toy demonstrator. Toys "R" Us has the largest need to hire in the New York City area, followed by Los Angeles and then Groveport, Ohio, at a DHL warehouse it...
Sept 20- Toy maker Jakks Pacific Inc said on Wednesday it expects to report a net loss in fiscal 2017 due to charges related to bankruptcy of the biggest U.S. toy store chain Toys' R' Us Inc.. "2017 continues to present a challenging retail environment, which has now been further disrupted by the Toys' R' Us Chapter 11 filing," Jakks Chief Executive Stephen Berman said.
*Operations outside U.S., Canada not part of bankruptcy. Sept 18- Toys' R' Us Inc got court permission on Tuesday to borrow more than $2 billion to start paying suppliers so it can stock up on items like Lego building blocks and Barbie dolls for the holiday season, a day after it filed for bankruptcy. Ten days later, nearly all the company's vendors refused to ship...
*Operations outside U.S., Canada not part of bankruptcy. Sept 18- Toys' R' Us Inc got court permission on Tuesday to borrow more than $2 billion to start paying suppliers so it can stock up on items like Lego building blocks and Barbie dolls for the holiday season, a day after it filed for bankruptcy. Ten days later, nearly all the company's vendors refused to ship...
*Operations outside U.S., Canada not part of bankruptcy. Sept 18- Toys' R' Us Inc, the largest U.S. toy store chain, which filed for bankruptcy late Monday, will ask a judge on Tuesday for permission to borrow money so that it can start paying suppliers to ensure it has Lego building blocks and Barbie dolls for the holiday season. The Chapter 11 filing, to restructure $5...
Time to get into retail? Two firms say yes, for these two stocks.
*Operations outside US, Canada not part of bankruptcy. Sept 18- Toys' R' Us Inc, the largest U.S. toy store chain, filed for bankruptcy protection late Monday, the latest sign of turmoil in the retail industry that is caught in a viselike grip of online shopping and discount chains. Toys' R' Us received a commitment for over $3 billion in debtor-in-possession financing...
Sept 18- Toys' R' Us Inc, the largest U.S. toy store chain, filed for bankruptcy protection on Monday, the latest sign of turmoil in the retail industry caught in a viselike grip of online shopping and discount chains. The retailer's operations outside of the United States and Canada, including about 255 licensed stores and joint venture partnerships in Asia, which...
Sept 18- Toys "R" Us Inc, the largest U.S. toy store chain, filed for bankruptcy protection on Monday, the latest sign of turmoil in the retail industry caught in a viselike grip of online shopping and discount chains. The Chapter 11 filing is among the largest ever by a specialty retailer and casts doubt over the future of the company's approximately 1,600 stores and...
Toys 'R' Us is working on getting a loan to fund operations in a potential bankruptcy filing possible before the holidays, sources said.
Sept 15- Women's shoe retailer Aerosoles Group said it had filed for Chapter 11 bankruptcy protection, the latest casualty in a struggling retail industry. The company had listed assets of $10 million to $50 million and liabilities of $100 million to $500 million, according to its bankruptcy court filing. Aerosoles has more than 300 stores around the world...
Sept 15- Women's shoe retailer Aerosoles Group said it had filed for Chapter 11 bankruptcy protection, the latest casualty in a struggling retail industry. The company had listed assets of $10 million to $50 million and liabilities of $100 million to $500 million, according to its bankruptcy court filing. Aerosoles has more than 300 stores around the world...
NEW YORK, Sept 14- Women's shoe retailer Aerosoles Group is planning to file bankruptcy to exit its unprofitable store leases, people familiar with the matter said on Thursday. Edison, New Jersey- based Aerosoles and its private equity owner Palladin Consumer Retail Partners did not return calls or emails seeking comment. Reuters reported in July that the...
NEW YORK, Sept 14- Women's shoe retailer Aerosoles Group is planning to file bankruptcy to exit its unprofitable store leases, people familiar with the matter said on Thursday. Edison, New Jersey- based Aerosoles and its private equity owner Palladin Consumer Retail Partners did not return calls or emails seeking comment. Reuters reported in July that the...
NEW YORK, Sept 6- Toys "R" Us Inc has hired law firm Kirkland& Ellis LLP to help weigh restructuring options ranging from a bankruptcy filing to raising financing as bricks and mortar retail goes through a major downturn, according to a person familiar with the matter. The privately held toy retailer had previously said it was working with investment bank Lazard Ltd...
Dana Telsey says retailers must change their focus and strategy to compete with Amazon.
Dana Telsey shared her thoughts on the retail sector in an exclusive interview for CNBC PRO with Mike Santoli.
Jim Cramer reviews the earnings reports from Williams-Sonoma, PVH, Dollar Tree and Burlington Stores to find their Amazon-proof defenses.
