It was another tough quarter for J.C. Penney as sales for the three month period ended November 3 were down more than 5%.
A week after filing for Chapter 11 bankruptcy protection, Sears Holdings Chairman Edward Lampert looking for financial partners on a $300 million loan sought by the retailer, Reuters reported on Monday.
Epoca International has been tapped to be the manufacturer of non-electric housewares for Buzzfeed’s new brand Goodful. The line will officially launch this month at Macy’s, however, products are already being rolled out on the Macy’s website.
With a possible bankruptcy filing on the horizon, Sears Holdings is reportedly missing some vendor payments as several major lenders push for the struggling retailer to be liquidated, published reports on Thursday, October 11, indicated.
J.C. Penney is introducing a new private label brand, Peyton & Parker, developed to help moms create effortless yet coordinated styles for family and home.
CSC Generation Holdings, which recently bought the rights to the Bon-Ton and Carson’s retail brands, is looking beyond digital where it has revived the business, and could open up 100 stores over the next few years, the company’s CEO Justin Yoshimura told the Minneapolis Star Tribune.