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Byline: Staff Reports Rouse Properties Inc. closed on a $65 million mortgage for Lakeland Square Mall, an 883,290-sq.-ft. enclosed regional mall in Lakeland, Fla. The non-recourse loan features a fixed [...]

Byline: Staff Reports Rouse Properties Inc. closed on a $65 million mortgage for Lakeland Square Mall, an 883,290-sq.-ft. enclosed regional mall in Lakeland, Fla. The non-recourse loan features a fixed [...]

Sales for men's clothing stores during the 1997 Christmas selling season were only mediocre at best throughout the US, and markdowns were needed at many establishments in order to generate business. Stores in the Northeast and Southwest had slow sales, but Midwestern stores had a strong finish to the season. Southeastern stores had mixed Christmas sales in 1997, West Coast stores had low sales, as well., EVEN WHERE SALES GAINS WERE STRONG, MARKDOWNS WERE NECESSARY TO FUEL BUSINESS Northeast NEW YORK -- Mediocre at best. That's the best way to sum up the '97 holiday season [...]

The Gap: Apparel retailer remakes itself as a brand by integrating marketing into merchandise formula The Gap got a wake-up call in the mid-1990s, after other retailers had copied not […]

NEW YORK -- Last year was one of modest progress for the nation's retailers, but some of the gains were masked by special items. In the accompanying chart (on Pages [...]

Wall Street analysts are predicting a healthy second quarter 1997 for the retail clothing industry, despite the sales declines suffered by several retailers in the first quarter of 1997. Growth in designer apparel sales should benefit high-end retailers such as Neiman Marcus Group and Saks Fifth Avenue, while Sears, Roebuck & Co. should continue to lead the moderate-priced retail sector., NEW YORK -- March may have been a bomb and Easter a non-event, but Wall Street analysts are still optimistic about first-quarter results for a number of key retailers. It's [...]

Byline: Rachael Singh Collapsed retailer owes £212m to unsecured creditors, with just £600,000 to share out. Shareholders also to receive no repayment MANY CREDITORS of collapsed sports-wear retailer JJB Sports [...]

Several investment companies are predicting that clothing store performances will be strong for 1996 overall, now that sales are starting to turn around, inventories are shrinking, and cost controls are in place. Bear Stearns and Johnson Redbook Service, among others, predict that stores will have a strong showing in the last six months of the year, partly because the same period in 1995 will be easy to beat. Financial statistics are given for fiscal 1995., NEW YORK - Retailers are putting the past to rest. With an improving environment for apparel sales, leaner inventories and continued cost controls, stores should post solid results for 1996 [...]

Retail clothing stores express hope for improved sales in the second half of 1996, after Feb sales rose and interest in high fashions increased. In spite of too many stores, most retail analysts predict better earnings after the third consecutive year of poor Christmas seasons. Results are given for the 4th qtr and the year for 50 large retailers. Higher earnings are predicted for stores including Sears, Roebuck & Co., Federated Dept. Stores Inc. and, NEW YORK - The recent pickup in business notwithstanding, Wall Street still expects this to be another tough year for retailers, with a chance for some relief in the second [...]

NEW YORK - The rocky retail environment claimed more victims in the fourth quarter. On Tuesday, earnings at Wal-Mart Stores an The Limited came in on the downside. May Department [...]

The month-long labor strike by Parisian public workers have stopped all public transportation in the city, causing many mile of traffic jams and a serious slow-down in retail business. The workers are protesting the proposed welfare cuts of many basic federal programs. Many retailers reported that business was being hurt by the lack of transportation in the city. Many retailers are also being hurt by the mail, which ids not being delivered., PARIS - Call it Parisian paralysis. Fashion houses, retailers and beauty manufacturers have been hit hard by a wave of strikes that enter their third week Thursday and have brought [...]

Ralph Lauren celebrated the second anniversary of his Madison Ave. Polo Sport store by underscoring the location's immediate retail success. The store now reports $2,300 per sq.ft. in sales, a considerable figure even in New York, NY. Lauren said that the statistics prove the success of his activewear line, which combines trendy sports clothes and accessories, including skin care products and equipment. The store changes its tableaux accordingly with the seasons., NEW YORK -- The Polo Sport store that Ralph Lauren opened two years ago will do about $16 million in retail sales this year -- and if Ralph has his [...]

Byline: VICKI M. YOUNG Daffy's Creditors to Get Full Payment on Claims Daffy's Inc. filed its Chapter 11 bankruptcy petition in a Manhattan federal court Wednesday night, stating that it [...]

Byline: Stuart Todd Holding company Omnium group has secured a EUR160m investment package from a pool of banks to fund the development of its high-street clothing chains, which include Devred [...]

Byline: Petah Marian Syms Corp and its Filene's Basement subsidiary have filed for Chapter 11 bankruptcy protection today (2 November). The discount retailer cited increased competition, fewer overruns by brands [...]

Burlington Coat Factory Investments Holdings and its operating subsidiaries, a retailer based in Burlington, New Jersey, announced that Burlington Coat Factory Warehouse Corp. ('BCFWC') entered into a Second Amended and [...]

Stage Stores, Inc. announced that it has entered into a $250 million senior secured revolving credit facility that will mature on June 30, 2016. In a release, the Company said [...]

Byline: just-style.com Clothing retailer Gap Inc yesterday (7 April) said it had entered into a new $500m revolving credit facility and a $400m five-year term loan, as well as a [...]

Barneys' New York has issued a public statement explaining the causes of lengthy delays in vendor payments, which the retailer attributed to 'poor communication.' A number of suppliers have reported extremely long delays in receiving payments and have withheld shipments until the situation is rectified. Both Barneys' and a number of financial analysts report that the privately-held company is financially sound, but has practiced poor management with regard to vendor payments., NEW YORK - Is it a case of bad cash flow, bad management or simply bad manners? First-quarter figures on Barneys, Inc., indicate that the upscale retailer is financially sound, [...]

Being able to fulfill a business strategy is not only a matter of what you know, and whom you know, but who knows you. George and Marilyn Krasnov, principals of [...]

Byline: Alexandra Steigrad Loehmann's in Bankruptcy Exit Deal Loehmann's thinks its second tour of bankruptcy can be wrapped up in a little over 90 days. Loehmann's Capital Corp. said Wednesday [...]

Byline: Editorial Staff Loehmann's Set to Get DIP Loan From Existing Lender Loehmann's, the Bronx, N.Y., specialty retailer founded in 1921, filed for bankruptcy protection last week in New York's [...]

Byline: Paul B.W. Miller and Paul R. Bahnson Our column in the Feb. 11, 2008, issue addressed the pitfalls of pursuing off-balance-sheet financing. In light of the August 2010 exposure [...]

Byline: David Moin Loehmann's Gets Funds From Istithmar Loehmann's received a funding boost this week from parent company Istithmar, aiming to strengthen ties with factors and vendors, WWD has learned. [...]

Bluefly Gets $15M Boost From Rho Ventures Firm Bluefly said Monday it will receive $15 million from Rho Ventures, giving the troubled company more working capital with which to buy [...]

Burlington Coat's Debt Upgraded by S&P Burlington Coat Factory Warehouse Corp. won a ratings upgrade from Standard & Poor's based on its plan to reconfigure its $800 million asset-based credit [...]

Eddie Bauer, the iconic outdoor goods retailer long popular in the U.S. and Canada, avoided a fatal fall down the mountain this year when it filed for bankruptcy and was [...]

Brooks Bros. Historical Society Gala Raises $2M Presidents Clinton and Lincoln were a hot ticket Wednesday night. They were the honorees at the New York Historical Society's 2009 History Makers [...]