King & McGaw

retaildive | March 08, 2018

Shoe seller The Walking Company has filed for Chapter 11 protection, for the second time in 10 years. The retailer which operates 208 stores in the U.S., including the FootSmart and Big Dogs Sportswear banners said in a release that current shareholders have committed to invest $10 million in new equity. Its lender, Wells Fargo, has provided a $50 million bankruptcy loan. The commitments, however, are contingent on the retailer "conforming their lease portfolio to market rents," CEO An...

SiriusDecisions | July 10, 2017

SiriusDecisions has expanded its core industry benchmark database, the SiriusIndex™, the only one of its kind in the b-to-b industry, with new metrics across four major categories, including readiness, activity, output and results, and offered its clients unparalleled access to data from their peers with the introduction of its new Command Center™ platform. Now commercially available, it will enable business leaders to drive strategic and tactical changes informed by insights, best-i...

retaildive | January 17, 2018

NEW YORK — In 2017, 21 major retailers filed for bankruptcy, 9,000 stores closed and 170,000 retail employees lost their jobs. By most accounts, it was a rough year to be a retailer, but the industry has pushed back hard on the notion that these statistics all point to signs of the apocalypse. At the National Retail Federation's Big Show this week, executives and experts fought to disprove the myth by shining a light on innovation. Those outside of this world have long criticized the i...

fxstreet | January 16, 2020

Thursday's US economic docket highlights the release of monthly retail sales figures, scheduled at 13:30 GMT. Consensus estimates point to modest growth of 0.3% for December as compared to the previous month's 0.2% increase. Sales excluding automobiles (core retail sales) are seen rising by 0.5% during the reported month as against a dismal 0.1% growth recorded in November. Meanwhile, the closely watched Retail Sales Control Group is expected to rise by 0.4% following a 0.1% increase in ...