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JULY 19, 2019

To look into debt restructuring options that would provide the retailer more time to make a turnaround, JCPenney Co Inc has reportedly hired advisers. Even so, one of the unnamed sources put out the caveat that the plans for restructuring are at an early stage. The report also noted that JCPenney has over $1.5

Restructuring 51

Restructuring Profit and Loss Retail eCommerce 51

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APRIL 4, 2019

Tencent Holdings is buying over 1 billion shares of Hong Kong-listed eCommerce platform Youzan. billion shares to five subscribers, including Tencent’s Poyang Lake Investment, at $0.53 So far, Hangzhou-based Youzan has yet to turn a profit. In fact, it posted a loss of $839.4 percent stake in Youzan.

eCommerce 51

eCommerce Profit and Loss Restructuring Investments 51

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MARCH 17, 2020

company is closing 531 stores, which will result in the loss of 3,000 jobs. The company’s CEO, Alex Baldock, said that the about 300 large locations are “doing well, with footfall steady, and that is why we are placing a big bet on these stores and investing millions of pounds in them.”. The stores will close on April 3.

Profit and Loss 52

Profit and Loss Restructuring Sales Investments 52

PYMNTS

AUGUST 16, 2018

The planet’s largest retailer by sales crushed their way through Q2, with bigger than expected gains in revenue, earnings, same-store sales and eCommerce sales than analysts were predicting before the numbers hit the wires. Also a highlight was eCommerce, with Walmart reporting 40 percent growth during the second quarter.

Profit and Loss 40

Profit and Loss Restructuring Forecasting eCommerce 40

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OCTOBER 21, 2016

Fitch names rue21 as a retailer at a “high risk of default” because of its bond debt, declining foot traffic, competition from eCommerce and other retailers and “a lack of a compelling product line.”. 11 that profits were up by 69 percent in the latest quarter. A restructuring pact has been established with lenders.

Retail 55

Retail Marketing Profit and Loss Restructuring 55

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MAY 4, 2016

“Quarterly losses, schmorterly losses” seems to be the position of H&M. The fast-fashion retailer was not alone in coming into the year on a downward revenue trend, but unlike a lot of the brands in the same boat, H&M shows no indication of ceding the future of brick-and-mortar to eCommerce. Five Below.

Retail 40

Retail Profit and Loss Restructuring eCommerce 40