September 1, 2020
Via: RetailWireAn attorney representing the bankrupt department store chain, Joshua Sussberg of Kirkland & Ellis LLP, said that negotiations between the retailer and Authentic Brands Group, Simon Property Group and Brookfield Property Partners hit a wall this weekend. That means Penney […]
July 29, 2020
Via: ForbesMany suitors are knocking at JCPenney’s doors. Sycamore Partners, Authentic Brands, Hudson’s Bay and others. However, I feel that the company might want to try to refinance with lenders and try to continue as a freestanding company. The current deadline […]
June 17, 2020
Via: RetailWireJ.C. Penney is facing a deadline that it may not be able to meet. The department store operator, which filed for bankruptcy in May, is at risk of running out of cash by July 15 if something dramatic doesn’t happen […]
February 3, 2020
Via: CNBCForever 21 has reached an $81 million deal to sell its retail business to a group that includes Simon Property Group, Brookfield Property Partners and Authentic Brands. Forever 21 said in a bankruptcy court filing it is seeking approval to […]
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