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Investors converting former Louis Shanks space into high-end home center

Investors converting former Louis Shanks space into high-end home center

Apr 29, 2022 | Home Goods, News, Retailers

by Clint Engel – April 29, 2022 HOUSTON — RMP Partners, which recently acquired the Lillian August and Stanley Furniture brands, is about to launch its first large-scale retail venture here. The Houston-based company, along with partners Horizon Group and Lewis...
Neiman Marcus is likely just the start: Analysts expect 100,000 stores to close by 2025

Neiman Marcus is likely just the start: Analysts expect 100,000 stores to close by 2025

Apr 21, 2020 | News, Retailers

Published: April 21, 2020 at 7:45 a.m. ET By Tonya Garcia Many retailers have shuttered their stores amid the COVID-19 outbreak. UBS analysts think a lot of stores will remain shuttered for good over the coming years. Analysts forecast 100,000 stores will close by...
J.C. Penney considering bankruptcy as coronavirus hurts department stores

J.C. Penney considering bankruptcy as coronavirus hurts department stores

Apr 15, 2020 | Bankruptcy, Lawsuit, News, Retailers

Published 8:00 a.m. ET Apr. 15, 2020 Updated 2:52 p.m. ET Apr. 15, 2020 Nathan Bomey USA TODAY J.C. Penney is considering filing for bankruptcy protection as the retailer grapples with the fallout from the coronavirus pandemic and its own long-in-the-making struggles....
List Of Retail Companies On Bankruptcy Watch Is Growing Fast Amid Coronavirus Crisis

List Of Retail Companies On Bankruptcy Watch Is Growing Fast Amid Coronavirus Crisis

Apr 3, 2020 | Bankruptcy

Pamela N. Danziger Senior Contributor Retail I study the world’s most powerful consumers — The American Affluent   Closed for business! That is the sign on the doors of non-essential retailers in 45 states, with “non-essential” being defined as stores...

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