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Belk Taps Don Hendricks as CEO, Replacing Nir Patel
Footwear News via Yahoo News· 2 years agoBelk has tapped Don Hendricks as CEO, effective immediately. Hendricks joined Belk in 2016 and served as interim CEO since May 2022, when the company’s...
One Belk store in Raleigh will carry furniture, appliances in new partnership
Raleigh News and Observer via AOL· 2 years agoIn addition to the department store’s usual offerings of clothes and small home goods, one Raleigh...
The Weekly Closeout: Thrasio files Ch. 11 bankruptcy and will Macy’s close its San Francisco...
Retail Dive via Yahoo Finance· 3 months agoIt’s been another week with far more retail news than there is time in the day. Below, we break down...
Bed Bath & Beyond, David's Bridal, Party City, and more: The biggest retail bankruptcies of the past...
Business Insider via Yahoo News· 11 months agoDozens of retailers have filed for bankruptcy over the past 15 years, and some have liquidated all...
Belk Sues Former CEO Nir Patel for Allegedly Poaching Employees
Footwear News via Yahoo News· 2 years agoThe department store is suing its former CEO, Nir Patel, and his new employer, GameStop, over...
Tuesday Morning files for Chapter 11 bankruptcy protection; store closures expected
WSOC via Yahoo News· 1 year agoA national retailer with stores in Charlotte is filing for Chapter 11 bankruptcy protection — again....
Stores and Brands You Thought Were Dead But Aren't
Cheapism via AOL· 2 years agoTennesseePhotographer/istockphoto The pandemic accelerated bankruptcies among retailers in a big way, and even before that, many familiar names were...
H&M Among Top 10 Claimants in Mall Operator’s Second Bankruptcy
Sourcing Journal via Yahoo News· 6 months agoThe Pennsylvania Real Estate Investment Trust best known as PREIT will soon be under new ownership....
2024’s Retail Distress List is Growing, Experts Say
Sourcing Journal via Yahoo Finance· 1 month agoCorporate defaults are on the rise, and that means retailers already in distress could become even more pressured this year. A U.S. Distressed and...
For sale: Spartanburg's WestGate Mall, over 430k square feet of property. What to know.
Spartanburg Herald-Journal via Yahoo News· 7 months agoNearly three years after its owner filed for bankruptcy, WestGate Mall in Spartanburg has been put...