Amid the pile of downbeat sales reports for July from retailers, there was a sliver of hope: Second-quarter profits may not be as bad as expected when merchants such as Wal-Mart Stores Inc., Macy's Inc. and J.C. Penney Co. post their results...
Last week the Wall Street Journal took a look at General Growth Properties' debt situation. This week, the Las Vegas Review-Journal adds some further analysis. ...
ICSC's figures show that chain stores reported a 2.6 percent increase in same-store sales in July (membership required). That's in line with what the association's researchers had predicted. ...
A day after filing for bankruptcy protection, Boscov's Inc. won approval Tuesday for funding to keep its stores operating. It also moved a step closer to approval of a liquidator to conduct store-closing sales at the 10 stores the firm said...
The Wall Street Journal today has an interesting take on General Growth's debt situation. The company has a high level of debt on its books. It has consistently been able to refinance all its expiring debt. But as the article illustrates, the...
A sign of the times? Cabela's is trying to fit all of its merchandise into smaller spaces. There's been lots of talk about retailers making more efficient of use of selling space. This is a good example of what many firms are thinking about or...
Reeling from a tough economy and financial mismanagement by former executives, Minneapolis restaurant chain Buca Inc. is being acquired by Planet Hollywood in a deal valued at $28.5 million, including debt. The acquisition comes a month after the...