Retail Features

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Many Factors Finding Buyers For MGR Unsecured Claims

NEW YORK -- An active market is emerging for the trading of unsecured claims of Merry-Go-Round Enterprises, with many factors opting to sell out for about 82 cents on the dollar rather than wait for the retailer to emerge from Chapter...

Ordering Lends Warmth to Chicago Market

CHICAGO -- Snow, ice and cold combined to put a chill on traffic at the women's and children's summer market at the Chicago Apparel Center this past weekend, but those who braved the sub-zero temperatures warmed up sufficiently to write some healthy...

Andrews Named Ward's President

CHICAGO -- Montgomery Ward appears to be rebuilding its old management team with the appointment of Bernard W. Andrews as president and chief operating officer of Montgomery Ward Retail.

Andrews, who was with Ward's from 1983 to 1990, first as...

Apparel Inventories Up, Production Still Dropping

WASHINGTON -- Apparel and accessories store inventories have been growing, while apparel production continues to fall, according to latest government statistics.

"People are being very cautious about buying apparel, and I think firms are...

Fashion Roundtable Slates Seminar On Home Shopping Developments

NEW YORK -- A seminar on developments in home shopping is the first event scheduled by The Fashion Roundtable, a new organization of fashion and related-business executives based here. It will be held Thursday starting at 5 p.m. at the National Arts...

Aftershock in L.A.: Retailers Take Stock, See Slow Return to Action

LOS ANGELES -- As aftershocks continued to rattle Southern California Tuesday, local retailers began the arduous task of digging out, sweeping up, assessing damage and trying to determine when they might be able to reopen.

Some stores, such as...

Check Out: Wal-Mart Keeps Walking ... Bradlees Chops

WAL-MART KEEPS WALKING: Wal-Mart Stores is moving north in a big way.

The discounter plans to acquire 120 Woolco stores in Canada from Woolworth Corp.

Wal-Mart said it plans to convert the Woolco units to Wal-Mart...

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