2019 Finance Location Store Operations 
Retail TouchPoints
OCTOBER 11, 2023
The unique retailer, which houses brands’ products for a fee and rotates its assortment every few months, closed its Showfields Miami location in July 2023 and its Manhattan store, Showfields NoHo , in September. Stores in the Washington, D.C. million , is owed to debt financing firm Pipe Technologies.
Retail TouchPoints
MARCH 3, 2021
million in financing. Paper Source already has begun closing 11 of its underperforming locations but will keep the remaining 147 stores and its ecommerce site open throughout the bankruptcy proceedings. million reported in 2019.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Retail TouchPoints
DECEMBER 7, 2020
Francesca’s has filed for Chapter 11 bankruptcy protection as the ailing retailer seeks a sale of both its brick-and-mortar locations and its ecommerce holdings. The company will continue operating during the process by utilizing a $25 million debtor-in-possession loan from Tiger Finance.
Retail TouchPoints
JANUARY 25, 2021
The deal is expected to preserve at least 275 of Francesca’s remaining 551 locations. The retailer’s new owners plan to continue operating its corporate offices and will keep its management team and nearly all employees on board, according to The Wall Street Journal. million in liabilities.
Retail TouchPoints
APRIL 24, 2023
The retailer has received a commitment of approximately $240 million in debtor-in-possession financing from Sixth Street Specialty Lending to provide the necessary liquidity to support operations during the Chapter 11 process.
Retail TouchPoints
JANUARY 12, 2022
The retailer unveiled its plans at a recent investor meeting and said it will target “under-penetrated geographies” for the new locations, in particular rural and small-town markets. The company is aiming for 10% to 15% penetration, which would represent a $500 million to $1 billion opportunity in terms of sales growth.
Retail TouchPoints
MAY 28, 2020
in Q1 2019. in Q1 2019. Dollar Tree also increased payroll costs due to worker bonuses, but the growth was offset by reduced operating and corporate expenses, occupancy costs and advertising. The company has since reopened 700 stores, with the remaining stores slated for reopening to be reopened over the coming weeks.
Expert insights. Personalized for you.
218 
Let's personalize your content