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01 Apr, 2020
Gymboree Announced to Close 350 Stores Nationwide
This week, the Gymboree Corporation (NASDAQ: GYMB), a children’s clothing retailer, announced that it will close 350 stores as part of its previously announced restructuring.The company filed for Chapter 11 bankruptcy protection in June. Curre..
Liberty Interactive Corporation Acquires HSNI
Dealmakers were up early today as Liberty Interactive Corporation (NASDAQ: QVCA), the TV retailer, executed an acquisition of the remaining 62% of stake they had not owned of HSN, Inc. (NASDAQ: HSNI). Until now, Liberty owned 38% of HSN and have fin..
Staples Surges on $6 billion Buyout Report
Shares of Staples, Inc. (NASDAQ: SPLS) surged on Thursday after Reuters reported that Private equity firm Sycamore Partners is in talks to acquire the U.S. office supplies retailer.According to Reuters’ report, the New York-based pri..
Gymboree to Close Up to 450 Stores, Filing for Bankruptcy
The Gymboree Corporation (NASDAQ: GYMB), a Kids’ clothing retailer, filed for a Chapter 11 bankruptcy reorganization to reduce its debts. The company also announced to close stores in respond to the pressure on retailers.Gymboree was foun..
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