Kmart’s stock price rebounds as its restructuring efforts gain favor with Wall Street
Jan 30, 2002, Joel Groover
When Kmart Corp. filed for Chapter 11 bankruptcy protection Jan. 22, its stock price — which had reached a 52-week high of $13.55 in August — plummeted...
Charming Shoppes Inc. to close more than 207 stores
Jan 30, 2002, Staff and wire reports
Charming Shoppes Inc. announced a restructuring plan designed to boost profits by closing more than 207 stores. The Bensalem, Pa.-based retailer, which...
Toys ‘R’ Us to shutter 64 stores
Jan 28, 2002, Joel Groover
Toys "R" Us Inc. announced plans Monday to shutter 64 stores and eliminate 1,900 jobs. The nation’s No. 1 toy retail chain said the restructuring will...
Federated to close two Macy’s locations in Southeast
Jan 25, 2002
Cincinnati-based Federated Department Stores is shutting the doors at two of its Macy’s locations this spring. Riverchase Galleria in Birmingham, Ala.,...
Kmart declares bankruptcy, leaving developers with a dilemma
Jan 22, 2002, Joel Groover
Kmart Corp. filed for Chapter 11 protection today and announced that its 2,100 stores will continue to operate as it restructures its operations.However,...
Kmart hires 'chief restructuring officer'
Jan 22, 2002, Staff and wire reports
Kmart Corp., which filed for Chapter 11 bankruptcy protection early Tuesday, announced the appointment of a new executive vice president charged with...
The Right Start buys FAO Schwarz
Jan 9, 2002, Staff and wire reports
Calabasas, Calif. — The Right Start Inc. completed its purchase of certain assets of FAO Schwarz including its flagship Fifth Avenue store, 22 other stores...
HOT TOPIC: Commemorating 30
Jan 1, 2002, Brannon Boswell, Managing Editor
Shopping Center World celebrates three decades of retail development — the booms, the busts, the fads and the future....
INDUSTRY FORECAST 2002: Wishful thinking
Dec 1, 2001
E-commerce is out of industry executives' minds as they focus on more tangible threats, according to SCW's 2002 Industry Forecast survey of top owners,...
