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Retail empire to be split up, FTC rules
Grand Union (Wayne, N.J.), the supermarket chain that has been in and out and back in bankruptcy protection, will sell its...
Fashion brand files for bankruptcy
Bugle Boy (Simi Valley, Calif.), one of the fashion powerhouses of the 1980s, has filed for bankruptcy protection. According...
LVMH-DeBeers retail venture picks chief
Alain Lorenzo, currently ceo of eLUXURY.com, an LVMH web site, has been chosen to head the new LVMH Moet Hennessy Louis...
Overall income and revenues fall, but Hilfiger...
Tommy Hilfiger Corp. reported that net revenue and net income tumbled in its third quarter of fiscal 2001 ending Dec. 31,...
Midwestern retailer to close 23 stores, drop 2500...
ShopKo Stores (Green Bay, Wis.) announced a "strategic reorganization plan" in which it would close 23 stores and one of the...
Central bank cuts interest rate again as 'R...
Confirming yesterday's rumors, The Federal Reserve cut its benchmark interest rate by another half-percentage point, to 5.5...
Award-winning store plan to open in Pennsylvania
Elder-Beerman Stores (Dayton, Ohio), whose new-concept store in Warsaw, Ind., won an Award of Merit in the recent ISP/VM+SD...
Worried consumers worry the Fed
Slipping consumer confidence in the economy, which many blamed for retail's desultory Christmas 2000 results, is expected to...
St. Louis organization to acquire nine stores...
May Department Stores (St. Louis) confirmed rumors that it was about to purchase nine departmentstore locations from Saks...
Founder returns after ceo's abrupt...
Gateway founder Theodore Waitt will again take the reins of ceo, following the abrupt resignation of Jeffrey Weitzen....

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