PYMNTS

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. The retailer is said to be looking into options encompassing negotiating with creditors or raising more cash. The retailer operates over 860 stores and has 95,000 workers.

Restructuring 51

Restructuring Profit and Loss Retail eCommerce 51

PYMNTS

JANUARY 12, 2018

Luxury retailer Saks Fifth Avenue is taking a stand against the ongoing push for artificial intelligence (AI) in the brick and mortar shopping experience. His comments were in response to questions about the ongoing evolution of retail, the growing focus on online shopping experiences and the emerging trend of AI-based commerce.

Restructuring 43

Restructuring Profit and Loss eCommerce Retail 43

PYMNTS

OCTOBER 21, 2016

Retailers that are unable to call on substantial financial reserves are struggling in the current environment. Mobile shopping is growing and a key focus of retailers going into the holiday season. Mobile shopping is growing and a key focus of retailers going into the holiday season. Along with Claire’s Stores Inc., billion.

Retail 55

Retail Marketing Profit and Loss Restructuring 55

PYMNTS

MAY 4, 2016

By and large, things are not great for retail (particularly of the brick-and-mortar variety). Indeed, it’s popular — dare we say, trendy, even — to postulate that retail as we know it is doomed. “Quarterly losses, schmorterly losses” seems to be the position of H&M. . You know it. We know it.

Retail 40

Retail Profit and Loss Restructuring eCommerce 40

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

PYMNTS

MARCH 17, 2020

company is closing 531 stores, which will result in the loss of 3,000 jobs. Whitman Howard Analyst Tony Shiret said the decision for what to do with the remaining stores is the “elephant in the room” when it comes to how the company is going to restructure itself. The company is predicted to see losses of about 90 million pounds ($108.7

Profit and Loss 52

Profit and Loss Restructuring Sales Investments 52