Following reports that J.C. Penney was in the early stages of exploring debt restructuring options, the department store retailer issued a statement saying the company had “no significant debt maturities” come due in the near term.
Struggling department store chain J.C. Penney, facing debt payments of approximately $4 billion over the next few years, has reportedly hired advisors to examine debt restructuring options.
Sears Holdings Corp. has undertaken several initiatives to reconfigure its debt but warned that it would consider other options if the efforts fell short of its needs.
Hudson’s Bay Co. has closed a $400 million, five-year mortgage on its Lord & Taylor flagship property on New York…
Off-price retailer Burlington Stores has launched a debt repricing transaction and provided updated operating results guidance for its second quarter…
Consumer sentiment was more positive in March, according to a survey conducted by Proper Insight & Analytics earlier this month,…
According to the National Retail Federation’s annual Tax Returns Survey, conducted by Prosper Insights and Analytics, 47% of consumers who…