News

February 20, 2020     On February 17, Pier 1 Imports, Inc. filed a voluntary Chapter 11 petition in the U.S. Bankruptcy Court in the Eastern District of Virginia. The proceedings have been designated as case #20-30805. The Debtors have entered into a Plan Support Agree ... Read more
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February 12, 2020           Macy’s announced a three-year “Polaris Strategy,” focused on stabilizing profitability and positioning itself for future growth. As part of the plan, the Company will close 125 department stores ... Read more
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February 5, 2020       Yesterday, Macys announced a three year "Polaris strategy", focused on stabilizing profitability and positioning itself for future growth. As part of the plan, the Company will close 125 department stores over the next ... Read more
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January 29, 2020     On Monday, Luckys Market Parent Company, LLC, DIP filed a voluntary petition for relief under Chapter 11 of the Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware. The proceedings have been designated as case number 20-10166. Th ... Read more
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January 22, 2020         Bose announced plans to close all of its 119 retail locations in North America, Europe, Japan and Australia over the coming months (click here to request a list). Approximately 130 stores in China and the United Arab Emirat ... Read more
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January 15, 2020         Macy’s reported holiday comps fell 0.7% on an owned basis and 0.6% on an owned plus licensed basis. Sales trends improved from the third quarter, when comps declined 3.5%. Comps increased 1.1% during th ... Read more
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January 8, 2020   Bed Bath & Beyond is actively pruning its real estate holdings to generate cash and completed a $250.0 million sale-leaseback transaction with an affiliate of Oak Street Real Estate Capital. This transaction includes 2.1 million square feet of commercial spac ... Read more
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December 26, 2019 AggData wishes you a happy holiday season and prosperous New Year. The next edition of this newsletter will be issued on Wednesday, January 8th.     A published report in The New York Times last week discussed “a venture-backed ‘fam ... Read more
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December 18, 2019     Topgolf is on track to expand into dozens of locations in both Central Europe and Asia, and it announced plans to expand into smaller U.S. markets. CEO Dolf Berle said that Topgolf currently has “tremendous white space” in each of its ... Read more
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December 11, 2019       At a recent investor conference, Dick’s Sporting Goods’ management commented that it plans to open 10 to 20 stores and close five to 10 stores annually (click here to request the latest list). Management also confirmed that i ... Read more
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