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Report: ABG May Buy Bankrupt Ann Taylor Parent Firm Ascena

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Authentic Brands Group ( ABG ), the New York-based brand management company, could be the latest potential buyer of Ascena Retail Group , the recently bankrupt parent firm of Ann Taylor, Footwear News reported. Sycamore Partners, the New York-based private equity firm, is also reportedly considering the purchase, FN reported.

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Fizzle Of The Week: Puerto Rico’s Cash Crisis

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Toys R Us : Might the beleaguered retailer, which recently filed for bankruptcy, have a lifeline that is enough to keep kids smiling with Mario (the video game character) and My Little Ponies? Also, Amazon is expanding Alexa to BMW to be included in vehicles from that iconic automotive brand in the future. Puerto Rico is short on cash.

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Surprise Edition: Amex, Hackers And Starbucks E-Commerce Sign-Off

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Two American Express banking subsidiaries have found themselves on the wrong side of the CFPB’s fining pen for discriminating against consumers in Puerto Rico, the U.S. American Express discriminated against consumers in Puerto Rico and the U.S. American Express’ $96M Discrimination Problem. Virgin Islands and other U.S.