$PSS News
Last published 6y ago
- 6y agoLAZMCOBLKIAPSS+2Stores That Stocked Up on Debt Face a Harsh Holiday ReckoningBloombergRetailers are strapping in for the final days of their traditional do-or-die holiday shopping period. For some, that could be meant literally, as creditors and vendors decide which ones are still worth supporting in a field plagued by fewer shoppers, more online competition and too much debt.
- 7y agoPSSPayless Prepares Second Bankruptcy With Store ClosuresBloombergPayless Inc. is preparing for its second trip to bankruptcy court with a plan that could drastically shrink the size of the discount shoe chain, according to people with knowledge of the matter.
- 9y agoVNOKKRPERFQGYMB+3Toys ‘R’ Us Collapses Into Bankruptcy Thanks to Crushing DebtBloombergToys “R” Us Inc. filed for bankruptcy as the retailer, loaded with debt in a buyout more than a decade ago, failed to keep consumers from abandoning its stores for the lower prices and convenience of online shopping.
- 9y agoPSSJPMAMZNGNC Struggles for Breathing Room on DebtBloombergFor GNC Holdings Inc., it seemed like a good idea at the time: a $500 million share repurchase plan, when borrowing money was cheap and the supplement business was booming.