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RadioShack Delays Some Rent Payments Amid Restructuring
2015-01-16 09:30:52| Telecom - Topix.net
RadioShack Corp. has delayed paying January rent on some stores as it works to conserve cash during its restructuring effort, according to people familiar with the matter. The Fort Worth, Texas, consumer-electronics retailer is preparing to file for bankruptcy protection next month and has reached out to potential lenders that could fund its operations during a Chapter 11 restructuring, The Wall Street Journal reported Wednesday .
Tags: rent
payments
delays
restructuring
RadioShack Delays Some Rent Payments Amid Restructuring
2015-01-16 05:29:26| IT Services - Topix.net
RadioShack Corp. has delayed paying January rent on some stores as it works to conserve cash during its restructuring effort, according to people familiar with the matter. The Fort Worth, Texas, consumer-electronics retailer is preparing to file for bankruptcy protection next month and has reached out to potential lenders that could fund its operations during a Chapter 11 restructuring, The Wall Street Journal reported Wednesday .
Tags: rent
payments
delays
restructuring
Macy's initiates restructuring to "evolve" business
2015-01-09 11:36:00| Daily apparel & textile news and comment - from just-style.com
Department store retailer Macy's is to close 14 stores and make a raft of job cuts as it restructures its marketing and merchandise operations in a move designed to save US$140m starting this year.
Tags: business
restructuring
evolve
initiates
Macy's initiates restructuring to save US$140m
2015-01-09 11:36:00| Daily apparel & textile news and comment - from just-style.com
Department store retailer Macy's is to close 14 stores and make a raft of job cuts as it restructures its marketing and merchandise operations in a move designed to save US$140m starting this year.
Tags: save
restructuring
initiates
macys
Steelcase's profits cut in half by European restructuring costs
2014-12-23 03:43:05| Furniture - Topix.net
Steelcase Inc. on Monday reported that its third quarter profits dropped by half from a year ago, a result of the company's restructuring in Europe. The century-old office furniture maker posted revenue of $800 million in the three-month period that ended Nov. 28, up 6.8 percent, from $748.8 million.
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