J.C. Penneysaid in a statement Friday that it hasn’t hired advisors to prepare for an “in-court restructuring or bankruptcy.”
Author: Lauren Thomas, CNBC
The U.S. women’s soccer team just won big. So did Nike.
With the U.S. women’s national soccer team taking the 2019 Women’s World Cup, Nike is also winning, with jerseys selling out on its website.
Your local Abercrombie & Fitch store might be shrinking as part of redesign
While Abercrombie & Fitch says it’s closing three of its largest stores, it plans to open more, smaller locations and shrink existing shops.
Bed Bath & Beyond CEO Steven Temares steps down ‘immediately’ and resigns from board
Bed Bath & Beyond CEO Steven Temares stepped down Monday, effective immediately, and Mary Winston will serve as interim CEO.