Levi Goes ‘Soft And Stretchy’ In A Rigid Retail Market
PYMNTS
OCTOBER 21, 2016
million secured term loan, which comes due in 2020. 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. percent to $1.19
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