Ciber Files For Chapter 11 Protection And Secures $41 Million In DIP Financing To Fund Ongoing Operations During Process And Agree To An Asset Purchase Agreement With Capgemini America
A. M. Castle & Co. Announces Agreement in Principle With Stakeholders to Complete a Comprehensive Financial Restructuring
“In order to minimize disruption to our operations, expedite the restructuring, as well as minimize any potential unfavorable income tax consequences, in partnership with our financial stakeholders, we may determine that it will be best for us to complete the restructuring process under the protection of the bankruptcy court through a pre-packaged proceeding. We expect to make that decision within the next four to six weeks"
Bebe Looks to Stave Off Bankruptcy With Real-Estate Deals - WSJ
Apparel retailer is in talks with landlords to pay its way out of mall leases
Are Retailers Facing a Coming ‘Tsunami’? - Knowledge@Wharton
Wharton's Peter Fader and Columbia's Mark A. Cohen discuss the recent spate of retail bankruptcies and closures.
Payroll Gains Slow, U.S. Jobless Rate at Lowest Since 2007 - Bloomberg
The retail industry just had its two worst months of job losses since 2009.
E-commerce doesn’t come cheap: AlixPartners
We analyzed five years of financial performance for 20 publicly traded retailers who break out online sales penetration. As a group, we see that while online sales grew from 10.5% in 2012 to 15.5% in 2016, EBIT margins have steadily declined by 150 basis points to 9.0%.