Retail Features
Nan Duskin Files For Bankruptcy
PHILADELPHIA -- Nan Duskin, for decades this city's premier designer specialty store, has filed a Chapter 11 petition in bankruptcy court and plans to reorganize.
Louis N. Marks, chief executive officer of ND Acquisition Inc., the parent...
— Jan 21, 1994
W&L Had Dip a Week Before Filing Ch. 11
NEW YORK -- Woodward & Lothrop locked in its $300 million debtor-in-possession package one week before its Chapter 11 filing, according to court documents.
W&L entered bankruptcy proceedings here on Monday. As late as last Friday,...
— Jan 21, 1994
Warner Bros. Adding Studio Stores, Eyeing TV
NEW YORK -- Warner Bros. is expanding its studio store concept and experimenting with home shopping.
That's the word from Peter Starrett, president of Warner Bros. worldwide, retail, who spoke about the company's rapid growth at the National...
— Jan 21, 1994
Freeze Forces Reruns Of Power Cuts
WASHINGTON -- The shutdown of the nation's capital as well as other regions along the Northeastern corridor continued Thursday, after Mid-Atlantic utilities sent an urgent plea Wednesday to conserve energy and prevent widespread outages in the...
— Jan 21, 1994
Trans-Alliance, Fashion Connect Merge Operations
NEW YORK -- The Trans-Alliance Group, a consulting firm that provides American manufacturers and retailers with information on how to launch businesses in Europe, has merged with Fashion Connect International and has begun expanded operations from...
— Jan 21, 1994
Filene's Basement To Take Charges For Closing and Relocating Stores
WELLESLEY, Mass. -- Filene's Basement Corp. will take a charge of $14 million before taxes, or $9.6 million after taxes, primarily to close three stores and relocate three others.
The stores to be closed are in Vernon Hills and Mt. Prospect,...
— Jan 21, 1994
Retail Executives See Spring As Time of Renewal For L.A.
In Los Angeles,...
— Jan 20, 1994
