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

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filed for Chapter 11 bankruptcy in the United States Bankruptcy Court for the Eastern District of Virginia. The merchant and “certain of its subsidiaries” had arrived at a restructuring support agreement (RSA) with over 68 percent of secured term lenders. In July, Ascena Retail Group, Inc.

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Ascena Files For Chapter 11 Bankruptcy, Plans Store Closures

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has filed for Chapter 11 bankruptcy in the United States Bankruptcy Court for the Eastern District of Virginia. The retailer and “certain of its subsidiaries” have come to a restructuring support agreement (RSA) with more than 68 percent of secured term lenders, according to a Thursday (July 23) statement.

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Off-Price Retailer Stein Mart Files For Chapter 11

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Stein Mart, which provides brand-name décor, clothing, footwear and accessories at discount prices, runs 281 retail locations throughout 30 states. filed for Chapter 11 in federal bankruptcy court in Virginia. And, also in July, Lucky Brand began Chapter 11 proceedings to help set the path toward a sale and lower its debt load.

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Gymboree Looks To Close With Second Bankruptcy

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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. million) and a senior secured asset-based revolving credit facility ($79.1 million) in addition to a senior secured term loan (roughly $89 million).

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LG Pay Goes Live In The US On Select Phones

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Bank and Virginia Credit Union, with additional institutions expected later this year. Digital gifting recipients can also “swych” gift cards purchased through the LG Pay app to any of the other participating merchant gift card brands. It also works with voice commands.

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Fiserv Enables SNAP Online EBT Payment Acceptance For Grocers

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Eight additional states, Idaho, Minnesota, Missouri, Nevada, North Carolina, Texas, West Virginia, Vermont and the District of Columbia, are slated to be added in June. brand, is accepting online EBT payment at select locations. ShopRite, a Wakefern Food Corp.

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WEX Extends Fuel Card Contract With Sheetz

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WEX supports the Private Label, Universal and Tri-Brand fleet cards available at Sheetz, which can be used to purchase gasoline at store locations. states, including Maryland, North Carolina, Ohio, Pennsylvania, Virginia and West Virginia. Department of Homeland Security (DHS). On Wednesday (Oct. WEX made news on Aug.

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