Carter’s interim CEO: ‘We’re in line for our refund’
Richard Westenberger said that the company has filed for around $130 million in refunds from the government due to IEEPA-related tariff charges.
Richard Westenberger said that the company has filed for around $130 million in refunds from the government due to IEEPA-related tariff charges.
The parties have settled a dispute that threatened to derail progress in Saks’ effort to exit bankruptcy court next month.
The Brand House Collective, formerly known as Kirkland’s Home, will close its Brentwood office — impacting 88 employees.
Higher-income shoppers have kept retail sales healthy, but the economic impact of the war in Iran presents an unknown, according to industry analysts.
Rather than just seeking cheaper brands, more shoppers are planning to switch retailers entirely, opting for less expensive stores, Alvarez & Marsal found.
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The investment management firm laid out scenerios where the toy company could be acquired by private equity, Hasbro or a media business.
The resale platform also saw active buyers grow, while the only thing more surprising than GameStop’s bid on eBay may have been the events that followed.