-
Off-price clothing retailer Century 21 — a mecca for generations of fashion-minded bargain hunters — filed for bankruptcy on Thursday and said it will shutter all of its stores for good, blaming insurance companies that failed to pay up during the pandemic. Known for deeply discounted designer goods, the department store has been a retail …
-
J.C. Penney’s landlords reached a tentative deal to rescue the beleaguered department store chain from bankruptcy proceedings, averting a liquidation that would have threatened roughly 70,000 jobs and represented one of the most significant business collapses following the coronavirus pandemic, a company lawyer said during a brief court hearing Wednesday. Mall owners Simon Property Group …
-
“Dancing with the Stars” is returning to the ballroom next week. However, the long-running ABC competition format, which premieres its 29th season on Monday, Sept. 14, will be dancing to a slightly different tune as a result of COVID-19. ABC alternative chief Rob Mills and showrunner Andrew Llinares tell Deadline how the BBC Studios-produced format, …
-
The mystery player behind the unprecedented summer-long rally in tech stocks appears to be the colorful billionaire CEO of Japanese conglomerate Softbank. Masayoshi Son, known for making big plays in tech giants like Alibaba and Uber, has spent billions of dollars buying options on individual tech stocks starting in the spring, according to multiple reports …
-
The founder of a New York hedge fund was criminally charged Thursday over an alleged scheme to pressure a rival not to bid for assets related to Neiman Marcus’ bankruptcy so he could buy them at a lower price, the US Department of Justice said. Daniel Kamensky, principal of Marble Ridge Capital, which has more …
-
What do Dressbarn, Pier 1 Imports and Modell’s Sporting Goods have in common besides bankruptcies and store liquidations? They’ve all recently been scooped up by a 43-year-old self-help guru who raises chickens and cows on a ranch in Virginia, drives a Lamborghini and a Rolls-Royce and churns out blog posts like “How humans can live …
-
Hey, all you cool cats and kittens, Carole Baskin is ballroom-bound. On Wednesday, it was announced that the “Tiger King” personality has joined the cast of Season 29 of “Dancing with the Stars,” which will premiere on ABC later this month. The 59-year-old will go up against Chrishell Stause of “Selling Sunset,” NFL tight end …
-
J.C. Penney’s talks with landlords for a rescue from bankruptcy proceedings reached an impasse, pushing the department store to the brink of collapse unless it can reach a deal within days to be taken over by lenders. Discussions between the Plano, Texas-based retailer and a duo of mall owners Simon Property Group and Brookfield Property …
-
AMC Entertainment, the largest movie theater chain in the US, is selling off nine cinemas in the Baltic region as the coronavirus crushes sales. The company on Monday announced that it has signed a deal to sell nine venues across Latvia, Lithuania and Estonia, to Up Invest, owners of a Baltic cinema group, for $77 …
-
ABC has begun to announce the celebrities who will be joining the upcoming Season 29 of “Dancing With the Stars,” as the new production paves its way safely to the ballroom. AJ McLean of The Backstreet Boys will compete on the dance competition show this fall. “I’ve been dancing since I was about 6 years …
Off-price clothing retailer Century 21 — a mecca for generations of fashion-minded bargain hunters — filed for bankruptcy on Thursday and said it will shutter all of its stores for good, blaming insurance companies that failed to pay up during the pandemic. Known for deeply discounted designer goods, the department store has been a retail …
