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Seven major retailers are at high risk of going bankrupt within the next two years, according to a Fitch Ratings report.
Timeline of former nameplates merging into Macy's. Many United States department store chains and local department stores, some with long and proud histories, went out of business or lost their identities between 1986 and 2006 as the result of a complex series of corporate mergers and acquisitions that involved Federated Department Stores and The May Department Stores Company with many stores ...
The 75-year-old hardware store brand filed for bankruptcy in October and ended its legacy by substantially selling its operations to a rival. In court filings, True Value said it faces a ...
By Alastair Sharp TORONTO -- The top lawyer at Research In Motion Ltd. has resigned and will soon leave the struggling BlackBerry maker, RIM said on Monday. She joins a parade of long-time company ...
The Abby Z flagship store opened in SoHo, New York at 57 Greene Street in 2008 and closed in 2009 [46] when its parent company filed for bankruptcy. [47] Anchor Blue – youth-oriented mall chain, founded in 1972 as Miller's Outpost. The brand had 150 stores at its peak, predominantly on the West Coast.
Sun Television and Appliances was a speciality retailer of consumer electronics, home appliances, and office equipment founded in 1949 by brothers Macy and Herbie Block. The company had stores in cities throughout the midwest, and also operated stores in rural areas of the United States, where there was no other competition [1] in Ohio, Indiana, New York, Pennsylvania, Maryland, West Virginia ...
TORONTO, Sept 27 (Reuters) - Research In Motion Ltd (RIMM), the struggling BlackBerry maker, reported a narrower-than-expected loss on Thursday and said it increased its cash pile, a hopeful sign ...
Lazarus developed or was an early adopter of many shopping innovations such as "one low price" (no bargaining necessary, earlier implemented by the John Wanamaker Store [3]), first department store escalators in the country, first air-conditioned store in the country, and Fred Lazarus Jr. successfully lobbied President Franklin Roosevelt to ...