Jordyn Holman and Lauren Hirsch
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Tony Spring, Macy’s New C.E.O., Faces Retail Puzzle
Tony Spring, a Bloomingdale’s veteran, assumes the top job as an investor group threatens to take a buyout bid to shareholders.
Rite Aid, Facing Slumping Sales and Opioid Suits, Files for Bankruptcy
The pharmacy chain, one of the country’s largest, faces more than a thousand lawsuits that say it filled illegal prescriptions for painkillers.
Bed Bath & Beyond Files for Bankruptcy
The company said it would seek to sell all or some of its business while its stores remain open.
David’s Bridal Files for Bankruptcy for Second Time in Five Years
The wedding dress retailer, which has some 300 locations, said it “intends to continue exploring a sale of all or some of its assets.”
Bed Bath & Beyond names an interim finance chief.
Laura Crossen will assume the duties of Gustavo Arnal, the retailer’s chief financial officer, who died by suicide on Friday.
Bed Bath & Beyond Gets Rescue Loan and Says It Will Close 150 Stores
The beleaguered retailer’s latest turnaround plan embraces a “back-to-basics philosophy,” its chief said, an effort to reverse a trend of falling sales, negative cash flow...