Sentences with phrase «struggling retailer»

The dollar stores continue to be the bright light in the still struggling retail sector.
As struggling retailers seek to streamline their brick - and - mortar portfolios, massive store closings continue.
Several struggling retailers with sizable footprints at the property later closed their stores without any replacement tenants being secured.
Each reason constitutes a lesson for struggling retail investors.
«Companies that have the highest leverage are going to be the least able to address those challenges and invest the capital necessary to explore different strategies and evolve the business models,» said Chris Grubb, a managing director in Greenhill & Co.'s restructuring group who focuses on struggling retailers.
The City Council is about to give New York's struggling retail industry a much - needed boost.
It is clear that we need to be more careful investing in struggling retailers with same - store declines and deteriorating margins.
Struggling retailer J.C. Penney is adopting a plan to prevent a takeover attempt just two days after reporting its sixth straight quarter of big losses and steep revenue declines.
The country's foremost struggling retailer is once again without a CEO now that Ron Boire has bailed after less than a year with the company.
Best Buy offers a «good blueprint» for other struggling retailers, says Citi analyst Kate McShane.
These days, hardly a week goes by without a new report about struggling retailers and rising vacancies in Manhattan.
In a statement, Riggio urges B&N to push the Nook tablet, serve its 10 million - strong customer base and build out the company's struggling retail business.
Adept at returning struggling retailers to profitability by streamlining processes, meticulously monitoring customer pulse, and building pay - for - performance sales teams.
During the company's first - quarter earnings call, Christopher Volk, president and CEO, assured Wall Street analysts that the REIT's portfolio has little exposure to struggling retailers like J.C. Penney, Kmart, Macy's and Sears.
Opportunities to re-lease space struggling retailers have vacated is a growth business.
Since its founding in 2011, the New York - based private equity firm has snapped up, financed or invested in struggling retailers such as Staples, the Belk department - store chain and Talbots.
Struggling retailer Sears Holdings Corp (SHLD.O) laid out plans in April last year to raise more than $ 2.5 billion by creating a real estate investment trust, Seritage Growth Properties (SRG.N), that would hold about 254 Sears and Kmart stores.
This will be the year he has to prove himself and get the struggling retailer back on its well - balanced yogi feet.
Let's count the many ways the struggling retailer's board has wasted the firm's money and chances of a meaningful turnaround.
Last summer, Sears, a struggling retailer led by hedge fund manager Eddie Lampert, who is also its biggest shareholder, created the REIT to spin off 235 of its best Sears and Kmart locations, most of which Seritage then leased back to the company, along with a number of real estate joint ventures with developers.
The struggling retailer could close more than 100 stores before the end of the year, a news report says.
The struggling retailer, which has lost more than $ 10 billion in the last six years, also said it may sell off 140 stores in a deal with the Pension Benefit Guaranty Corp to pay $ 407 million into its underfunded pension plan.
The struggling retailer's stock rose as much as 20 % on Tuesday after Bloomberg reported that Sears» Craftsman tool business has attracted bidders, including big names like Stanley Black & Decker and Hong Kong's Techtronic Industries, the maker of Dirt Devil vacuum cleaners.
The outlooks for rail stocks, a struggling retailer and a cellphone maker left for dead are also...
A tighter focus is overdue, but struggling retailers could make the cleanup harder.
Shares of J.C. Penney fell 10.6 percent on Tuesday to a four - year low after media reports said a large shareholder sold a chunk of the struggling retailer's stock.
ESL Investments, that «s the hedge fund run by Sears (NASDAQ: SHLD) CEO Eddie Lampert, is interested in buying some of the struggling retailer «s businesses.
Sears will shutter stores at Hunt Valley Towne Center in Baltimore County and Hagerstown in a new round of closings announced Friday, part of cost - cutting measures the struggling retailer is taking to shore up its business.The two Maryland locations are...
But Alceon's successful turnaround of another struggling retailer, Noni B, gave him confidence.
The news came as the struggling retailer reported earnings that missed analysts expectations, sending shares plunging in early morning trading.
The struggles retailers are facing combined with rising rents in the city have already begun to impact Manhattan's retail landlords.
And he warned that raising the tax would be «economic madness» as it would depress spending, fuel inflation and hit the struggling retail sector.
Amazon made a struggling retail sector (bookstores) cool again by integrating technology and leveraging data, while showing that cashier-less stores are more reality than science fiction.
That Lampert would use Kmart's pristine balance sheet to purchase Sears, Roebuck, & Co. — itself a struggling retailer — seemed somewhat odd, but his management decisions after the merger seemed to confirm that his strategy was cash cow milking.
In an effort to help the struggling retailer stay afloat ALL Gamestops will be open on Thanksgiving.
The struggling retailer has proposed to its landlords that it enter a company voluntary agreement (CVA) as a way of avoiding entering administration.
Weil Gotshal & Manges» London office is advising BHS as the struggling retailer looks set to file for administration today.
The struggling retail sector has also forced many tenants to consolidate and regroup on marketing and business strategy to remain competitive.
Shopping center landlords are becoming more proactive with struggling retailers, particularly with an expectation that bankruptcy filings will grow.
«Sears said it would split off up to 300 of its best stores into a separate company by June, accelerating the dismantling of the struggling retailer by hedge - fund manager Eddie Lampert.
(Bloomberg)-- Sears Holdings Corp. rose as much as 13 percent in early trading after lining up $ 200 million in credit to help fund the struggling retailer's operations...
With the struggling retail industry desperate to attract a shrinking pool of free - spending consumers, national chains are looking to new avenues to reach shoppers.
Even after the retailer closes the weakest performers, landlords will still be challenged to find replacements for them, since Aéropostale is a member of a struggling retail group.
In addition, some net lease companies turned away from the struggling retail sector toward healthier asset classes such as office and industrial buildings, even hotels (see sidebar, p. 24).
Sears CEO Edward Lampert insists that he is trying to turn around the long - struggling retailer, according to the Chicago Tribune.
Sears CEO Edward Lampert insists that he is trying to turn around the long - struggling retailer, according to the Chicago...
Though not all that surprising, Bon - Ton (the parent company of brands such as Elder - Beerman, Younkers, Carson's, Herberger's, and Boston Store) filed for bankruptcy protection on February 4th shortly after the struggling retailer announced it was gearing up to close 20 % of its 260 store footprint.
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