Forecasting Planning Restructuring Retail 
PYMNTS
JULY 23, 2020
Ascena Retail Group, Inc. The retailer and “certain of its subsidiaries” have come to a restructuring support agreement (RSA) with more than 68 percent of secured term lenders, according to a Thursday (July 23) statement.
PYMNTS
SEPTEMBER 22, 2020
As of last year, Deutsche has been undergoing a restructuring effort that encompasses a decrease of its balance sheet, 18,000 employment reductions by 2022 and less investment banking activity. PNC Bank plans to reduce the count of its branch offices through next year, Fox Business reported. In the U.S.,
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PYMNTS
MARCH 1, 2019
looks to improve the channel mix of its eponymous brand and shutter specialty stores, the retailer beat analysts’ earnings estimates but fell short on top-line revenues for the fourth quarter of 2018. The retailer reported revenues of $4.62 He added that Old Navy is one of the quickest-growing apparel retailers in the U.S.,
PYMNTS
MAY 19, 2020
The results reversed a trend from last quarter, where the chain was one of many physical retailers facing a tepid holiday season that missed analyst expectations for sales, comparable-sales growth and earnings across the board. But things have reversed dramatically for the retailer amid the COVID-19 pandemic. percent to $134.6
PYMNTS
AUGUST 2, 2017
The earnings numbers are in for Under Armour, and it’s not exactly what the sports apparel retailer was hoping for. Following this restructuring plan, Under Armour is also reworking its sales forecast outlook for the remainder of 2017.
PYMNTS
MARCH 7, 2019
Over the last eight years, the retailer has shuttered about 475 stores, as well as reduced the size of its stores and remodeled existing locations. In fiscal 2018, the retailer closed 29 stores, with more possible since around 50 percent of its leases expire within the next few years. locations by May 21. “We
PYMNTS
MARCH 23, 2017
News for the historic retail giant Sears doesn’t seem to be moving in an upward trajectory. This raises further concerns for investors and stockholders still clinging onto hope that the big-box retailer will survive. As we reported this week, the company saw a nosedive in its stock shares.
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