Inside Retail

OCTOBER 15, 2023

US-based retailer Showfields, the self-described “most interesting store in the world”, filed for bankruptcy this month and will be restructuring through a form of Chapter 11 bankruptcy created during Covid to help small businesses continue operations, reorganise, and maintain control of finances without creditors taking over.

Department Stores 278

Department Stores Finance Grocer Location 278

Retail Gazette

OCTOBER 15, 2023

Ted Baker owner Authentic Brands has stepped in after the company it appointed to run its UK operations has struggled to raise financing. Ted Baker axed approximately 200 head office jobs across sourcing, finance, production, and footwear in June as it shifted to a new outsourcing model.

Finance 70

Finance Fashion Brand Management Management 70

Inside Retail

OCTOBER 15, 2023

There are times when malls are in transition, things are being taken down and put up, outstanding leases are being run down, financing is in abeyance, and so on. For that, they go on the rollercoaster at the amusement park, or watch re-runs of The Shining. Fair enough.

Marketing 130

Marketing Fashion Shopping Wholesale 130

Mass Relators

OCTOBER 15, 2023

billion in new financing from certain of its lenders, and that the money should provide sufficient liquidity to support the company through the reorganization process. PHILADELPHIA — Rite Aid Corp. In connection with this process, Rite Aid said it has received a commitment for $3.45

Finance 52

Finance Planning Marketing 52