News

September 11, 2019 Click here to request a list of Department Store Future Openings & Closings On Monday, Fred’s, Inc. filed a voluntary Chapter 11 petition in the U.S. Bankruptcy Court for the District of Delaware. The Company also filed a motion seeking ... Read more
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September 5, 2019     Transform Holdco (New Sears) is closing 100 Sears and Kmart stores through December (click here to request a list). Although the Company did not issue an official release, management has confirmed the closures, according t ... Read more
peyton_r
August 28, 2019 Today, Hudsons Bay Company and Le Tote, Inc., announced they have entered into an agreement for Le Tote to acquire Lord & Taylor. Under the terms of the agreement, Le Tote will acquire the Lord & Taylor brand and related intellectual property while assuming operati ... Read more
peyton_r
August 21, 2019 On August 13, it was reported that management at Avenue Stores told its employees that it plans to close all of its stores in the coming weeks, although no public announcement was made at the time. On August 14, the Company confirmed its decision to close all 222 ... Read more
peyton_r
August 14, 2019 Retail Bankruptcies 600+ retailers have filed for bankruptcy year to date, including several major national chains. To request the full list of bankruptcies or to sign up for our daily listing of Chapter 11 filings (all industries), click here.   H.E. Bu ... Read more
peyton_r
Good Afternoon, As a reminder, the AggData weekly industry newsletter is currently only available to existing subscribers. As a courtesy, I have included this week’s edition below since it covers several high-profile stories, including three major retail bankruptcies and recently ann ... Read more
peyton_r
July 31, 2019 Barneys New York is reportedly in discussions with existing lenders, including Wells Fargo & Company, about a DIP Facility to fund operations if it decides to file for bankruptcy. The discussions are in the early stages, and management is still evaluating options that coul ... Read more
peyton_r
July 24, 2019        Ross Stores opened 22 Ross Dress for Less and six dd’s Discounts stores across 10 states in June and July. These new locations are part of the Company’s previously announced plans to add approximately 100 stores in 2019, includ ... Read more
caseyleop
July 17, 2019   On July 12, Fred’s announced another 129 store closings, leaving the store base around 80 retail units. This is the fourth round of announced closures since April, reducing the Company’s store count from 556 just a few months ago. The map below shows ... Read more
caseyleop
July 10, 2019     Boston Market said it recently closed 45 stores as it proceeds with its “multi-faceted transformation plan” amid declining sales in recent years. Published reports indicate the Company closed six locations on June 30 and ... Read more
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