NEW YORK, Oct 27 (Reuters) - Value City Department Stores has filed for Chapter 11 bankruptcy and will liquidate its remaining 66 stores, citing a slide in consumer spending and tougher credit markets ...
These are tough times for retail chains. Sliding consumer spending has forced national retailers to rethink their business operations, and several chains have initiated restructuring plans that ...
Value City Department Stores and its subsidiaries have filed for bankruptcy protection and plan to close remaining stores in the coming months, the company has announced. The decline in consumer ...
SAN FRANCISCO (MarketWatch) -- Retail Ventures Inc. after Wednesday's closing bell said it is exploring strategic alternatives for its Value City department stores operations, including a possible ...
NEW YORK, Jan 23 (Reuters) - Retail Ventures Inc is likely to sell its money-losing Value City Department Stores unit to an investor group led by Crystal Capital Fund LP, The Wall Street Journal ...