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WOODBURY, NY-The company is seeking approval for $90 million in financing, no store closures have been announced.
FRAMINGHAM, MA-To improve financial results the company is slowing the growth of its AJ Wright, Bob's Stores and HomeGoods chains.
NEW YORK CITY-Multiple companies will likely buy the grocer's portfolio in parts, a Lehman Brothers report says.
NEW YORK CITY-Wholesale clubs and luxury chains were the best-performing segments last month, according to ICSC.
COLUMBUS, OH-The retailer is shutting 85 closeout stores and all 41 of its stand-alone furniture units on top of previously announced closures.
COLUMBUS, OH-The retailer is shutting 85 closeout stores and all 41 of its stand-alone furniture units on top of previously revealed closures. The chain is on track to lose $9 million at its 1,500 closeout stores.
WICHITA, KS-Levine Leichtman offers about $140 million, or $14 per share for the 82-restaurant-chain.
NEW YORK CITY-The hurricanes, high energy costs and warm weather will all play a factor in a challenging sales environment, analysts say.