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03/23/2017
Sears Discloses for First Time it May Not Survive, Marks Latest Blow to Dept. Store/Mall Sector
Sears Holdings Corp. (NASDAQ:SHLD) saw its share price plunge this week after disclosing there was "substantial doubt” about its ability to remain in business, raising fresh concerns about the survival of a company that was once the world’s largest retailer...

03/22/2017
Developer Unveils $250M Plan to Rescue Financially Listing Queen Mary Attraction
A Los Angeles real estate investment and development company has announced a rescue plan for the Queen Mary, which as a tourist attraction has often navigated through a sea of red ink over the decades since she moored for the last time in the Port of...

03/21/2017
Madison Marquette Hires Former DTZ COO/CFO as President
Madison Marquette has brought in former DTZ COO and CFO John J. Fleury to serve as president of the private real estate investment, development and management firm. Based in the company's Washington, D.C. headquarters, Fleury will work with Madison...

03/21/2017
Target Unveils Prototype for Redesign of 500 Stores by 2019
Target Corp. (NYSE: TGT) unveiled design elements for an updated store format that will serve as the basis for a multi-billion-dollar investment to convert 500 of the retailer's existing stores and roll out 100 smaller-format stores over the next three...

03/15/2017
Rethinking Retail: Industry Still Adding Jobs
With all of the recent news on thousands of retail store closings, consider this: retailers are still adding more jobs than they are cutting, which reflects the larger economic shifts affecting the industry. It's very true that retail continues to...

03/14/2017
Goodbye Ruby Tuesday? Chain Opts to Explore Strategic Alternatives
Restaurant chain Ruby Tuesday (NYSE:RT), which has been in the process of selling off its corporate-owned real estate, is now considering selling the company. The Maryville, TN-based casual dining chain announced it will entertain merger or purchase...

03/13/2017
Gordmans Joins Growing List of Dept. Stores Shutting Down
Add Gordmans Stores Inc. (NASDAQ: GMAN) to the growing list of department store chains throwing in the towel. The Omaha, NE-based chain filed for bankruptcy and plans to enter into an agreement with Tiger Capital Group and Great American Group to handle...

03/13/2017
Mall-Based Apparel Chain Vanity Shuttering All 137 Stores
Vanity Shop of Grand Forks Inc., is closing all 137 of its Vanity women's and juniors' apparel stores. Tiger Capital Group has been hired to conduct store disposition services and is conducting the going-out-of-business sale currently underway. The...

03/09/2017
New RadioShack Owners Putting Chain Back in Bankruptcy
While the February 2015 Ch. 11 reorganization of RadioShack is still winding its way through bankruptcy court, the new owners who acquired the assets of the electronics retail chain and took over about 1,500 of its stores, filed for its own Ch. 11 reorganization...

03/07/2017
hhgregg Files for Bankruptcy, Announces Sale of Company to Undisclosed Buyer
Indianapolis-based hhgregg Inc. (NYSE:HGG), which announced plans last week to close 88 of its stores following an ill-fated national expansion, this morning filed voluntary petitions for reorganization under Chapter 11 of the US Bankruptcy Code. The...

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