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Off-Price Retailer Stein Mart Files For Chapter 11

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Off-price specialty retailer Stein Mart, Inc. filed for Chapter 11 bankruptcy in the United States Bankruptcy Court for the Middle District of Florida, Jacksonville Division amid a challenging retail climate and the pandemic, the company said in a statement. In July, Ascena Retail Group, Inc.

Retail 146
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Ascena Receives Court Approval To Sell Ann Taylor Brand, Other Labels

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Ascena Retail Group Inc. The arrangement would keep the company as a going concern with a minimum of 900 retail locations, the newspaper reported. Judge Kevin Huennekens from Richmond, Virginia’s U.S. 8) he would give the go-ahead to the sale of most of the retail group’s leftover property to Sycamore Partners.

Branding 159
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Ascena Files For Chapter 11 Bankruptcy, Plans Store Closures

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Ascena Retail Group, Inc. has filed for Chapter 11 bankruptcy in the United States Bankruptcy Court for the Eastern District of Virginia. Ascena is currently running with roughly 95 percent of its store base opened again, helping shoppers via retail locations as well as online stores.

Virginia 140
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Retail Pulse: CVS, UPS Test Drone Potential; Birchbox Grows Walgreens Partnership

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Brick-and-mortar retailers are teaming with logistics firms to test drones for delivery — and making progress on their experimental flights. A remote operator monitored them and could step in if needed.) The pop-up shops will be in the pharmacy chain’s retail locations in 44 states starting this Friday and through the end of December.

Retail 101
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Pop-Up Retail Gets A Pop Of Fresh Energy

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But we want to take a few minutes to talk about pop-up shops, and how those temporary but often lucrative retail efforts are shaping commerce — and being shaped by payments — and what could be coming next. The latest pop-up developments concern the Hollister apparel brand , which is owned by Abercrombie & Fitch.

Retail 108
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Gymboree Looks To Close With Second Bankruptcy

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The retailer, which has just under 950 locations, filed for protection from creditors in the U.S. Bankruptcy Court for the Eastern District of Virginia, Bloomberg reported. While the company is looking to shutter its Crazy 8 and Gymboree brands, a Goldman Sachs Inc. plans to close following its second bankruptcy.

Virginia 160
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Retail Pulse: goop Finds Stickiness In New York, Opens ‘Lab’; Nordstrom To Offer Early-Bird Pickup

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Digitally native brands often test the retail waters with pop-up shops, and, after some offline success, they may expand their concepts with permanent locations. It will also offer a larger jewelry selection and exclusive brands like Sidney Garber, who has bracelets that sell for $8,600 and up. In Other Brick-and-Mortar News.

New York 116