PYMNTS

JULY 2, 2020

She said there could be more cuts coming due to adverse economic conditions. “We The company, facing the common struggles of many old brick-and-mortar retailers such as eCommerce competition, was crippled by the pandemic. Meanwhile, Golds Gym filed for Chapter 11 in early May, amid a plan to shutter 32 locations.

Restructuring 88

Restructuring Communication Retail Economics 88

PYMNTS

FEBRUARY 7, 2020

The rise of eCommerce has been an inexorable one, and the retail landscape has shifted for retailers. The latest signs come from Macy’s , which in recent days announced a restructuring that will see the mall stalwart close 125 department stores and slash 2,000 jobs. Welcome, perhaps, to the mauling of the Great American Mall.

Retail 57

Retail Restructuring eCommerce Sales 57

PYMNTS

SEPTEMBER 24, 2020

We’ve seen Ralph Lauren come close to economic trouble, arguably because the department stores and boutiques that have not been open for a good part of Q2 have either underperformed or have not performed at all. But they have evolved enough to send consumers happily to eCommerce sites.

Restructuring 64

Restructuring Retail eCommerce Communication 64

PYMNTS

MAY 19, 2020

Even eCommerce giant Amazon had to switch its priority to shipping essential household and medical items amid delivery delays. That means that while Amazon and other eCommerce players were forcing customers to wait weeks, Walmart was more or less able to honor delivery windows measured in days by leveraging its store network.

Retail 88

Retail Restructuring CFO eCommerce 88

PYMNTS

MAY 3, 2018

Consider that the eCommerce giant has had some pull with major cities — the ones who didn’t make the cut for being a finalist in the competition on offer by the company as it seeks a site for its second headquarters. Is Amazon so big that it can change the real estate game in a way that might suit Amazon?

Transportation 41

Transportation Restructuring Economics eCommerce 41

PYMNTS

MAY 17, 2018

But going into eCommerce isn’t flip-a-switch easy, and though the firm tried to make the business work with new management in 2017, it was writing down the value of eBuys on its balance sheet to the tune of $52.7 Pedicures, interestingly enough, are key to this plan. That left DSW with only shuttering and liquidation as options.

Restructuring 43

Restructuring Retail Sales Leverage 43