Remove Branding Remove Capital Remove New York Remove Retail
article thumbnail

Luxury Brand Barneys New York Seeks Bankruptcy Protection

PYMNTS

Struggling to compete with online brands, famed Big Apple luxury retailer Barneys New York has put itself up for sale and filed for bankruptcy protection, according to a report by Reuters. . However, the company hasn’t been immune from the same market conditions that sent Sears and Kmart into bankruptcy.

New York 108
article thumbnail

Today In Retail: Bed Bath & Beyond Inc. Enters Deal To Sell Cost Plus; Authentic Brands Might Buy Arcadia Group and Debenhams

PYMNTS

In today’s top retail news, Bed Bath & Beyond Inc. has entered into a definitive deal to sell Cost Plus World Market to Kingswood Capital Management, while Authentic Brands is reportedly in discussions with Arcadia Group and Debenhams. It is expected that the business will keep operating as a stand-alone brand.

Branding 131
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

New York & Co. Rebrands To RTW Retailwinds

PYMNTS

To highlight its ability to grow into new markets and categories, New York & Co. The move comes as the retailer seeks to top the $1 billion mark in sales, Chain Store Age reported. “We Along with the name change, New York & Co. The news comes as a recent study says that U.S. trillion U.S.

New York 100
article thumbnail

Today In Retail: Walgreens Pharmacy USA Registers $27.2 Billion In Sales; Bed Bath & Beyond Almost Doubles Digital Sales

PYMNTS

In today’s top retail news, Walgreens Boots Alliance, Inc. reported that its Retail Pharmacy USA segment had $27.2 Walgreens Retail Pharmacy USA Reports $27.2 reported as part of its Q1 fiscal 2021 earnings that its Retail Pharmacy USA segment had $27.2 Billion In Sales. Walgreens Boots Alliance, Inc.

Retail 172
article thumbnail

Big Week Ahead For Retail Data

PYMNTS

Prepare for a big week of retail data, all of it unprecedented in light of the COVID-19 pandemic. Starting with the Commerce Department retail sales data on Wednesday, retailers will get a sense of how much consumers are spending and the retailers they are spending with. For retailers, there are no surprises from March.

Retail 216
article thumbnail

Shogun Brings Big Retail Tech To Digital-First Retailers

PYMNTS

A new Shogun was born. Four years and $35 million in venture capital funding later, Taylor’s company is expanding and simplifying the ability for eCommerce companies to build sophisticated yet simple web stores. He needed a name for the company and liked the book.

Retail 226
article thumbnail

Luxury Retail Finds New Avenues As Brick-And-Mortar Fades

PYMNTS

Luxury retail is being revised — and in some cases, reinvented — and those trends are worth attention as the 2019 holiday shopping season approaches. Not only that, but the luxury online consignment retailer opened a brick-and-mortar store on New York City’s famed Madison Avenue. Indeed, in its recent U.S. Barneys Woes.

Retail 123