Remove Leverage Remove Planning Remove Restructuring Remove Retail
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Four Things Walmart’s Strong Earnings Say About Retailing To A Pandemic World

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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

Retail 88
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Revlon Revs Up New Strategic Growth Plan

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In the new year, it seems very fashionable for retailers to re-think global growth. Revlon has joined the list of companies announcing plans for driving global growth. More research from the Harris Poll recently identified how and where (locations and retail sites) cosmetics buyers are purchasing cosmetics.

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Hobby Lobby May Take Up Shop In Former Toys R Us Stores

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Following the closure of Toys R Us stores in June, retailers in the hobby and off-price segments may fill some of the larger empty big-box spaces. In January, the hobby retailer had arrived at a store count of 800 and, in June, the retailer had seven new stores. The retailer had over 700 remaining locations in the U.S.,

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Levi Goes ‘Soft And Stretchy’ In A Rigid Retail Market

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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. billion leveraged buyout in 2013.

Retail 55
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Nine West And Creditors Near Deal That Calls For Asset Sales, Bankruptcy

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Citing people with knowledge of the negotiations, Bloomberg reported news that the deal aims to restructure the company’s nearly $1.5 The plan is dependent on its asset sales, the proceeds of which will be used to pay off creditors. Nine West has one of highest leverage ratios among its peers in retail. billion debt.

Sales 50
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Toy Maker CEO Leads Pledge Of $200M To #SaveToysRUs

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Still, the plan has to overcome some challenges, such as getting the approval of a bankruptcy judge and funding from other investors who can dedicate significant amounts of money to the cause. The plan appears to be the first of its kind to save the embattled toy brand. The retailer has over 700 remaining locations in the U.S.,

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With The End Near, Toys R Us Requests Halt Of Vendor Payments

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operations, a lawyer for the retailer has asked the U.S. The request comes as the retailer is attempting to separate its liquidating U.S. In the weeks to come, the retailer plans to look over proposals for its businesses in Canada, Asia and Europe. after failing to restructure its debt or find a buyer.