Tag : bankruptcy

Global News Retail

Neiman Marcus’ Restructuring Plan Gets Approval

Neiman Marcus has received court approval  for its plan to reorganize in Chapter 11. The luxury department store chain, which filed for bankruptcy in May,...
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Bankrupt retailer J. Crew Gets $130 million in rent concessions

Perfect Sourcing Newsdesk
J.Crew has recently informed that the company has obtained the concessions as part of its “real estate optimization strategy” and after discussions with landlords regarding...