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Timeline of former nameplates merging into Macy's. Many United States department store chains and local department stores, some with long and proud histories, went out of business or lost their identities between 1986 and 2006 as the result of a complex series of corporate mergers and acquisitions that involved Federated Department Stores and The May Department Stores Company with many stores ...
Bath & Body Works announced the closure of 50 US stores and one Canadian store, along with the opening of 26 new stores, in May 2020 due to sales slumping amidst the COVID-19 pandemic. [ 35 ] Barneys New York filed for bankruptcy on August 6, 2019. 15 of 22 stores closed, including Barneys flagship stores in Las Vegas, Chicago, and Seattle in ...
United States historic place Loop Retail Historic District U.S. National Register of Historic Places U.S. Historic district State Street in 1907 Show map of Chicago metropolitan area Show map of Illinois Show map of the United States Location Chicago, Illinois Coordinates 41°53′N 87°38′W / 41.883°N 87.633°W / 41.883; -87.633 Area 26 acres (11 ha) Built 1871 Architect ...
The Illinois Department of Labor announced that it will continue to seek over $3.8 million in back wages and benefits for over 350 workers affected by the April closures on the same day as the ...
Chapter 11 of the United States Bankruptcy Code (Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, whether organized as a corporation, partnership or sole proprietorship, and to individuals, although it is most prominently used by corporate entities. [1]
(The Center Square) – A recent economic forecast for Illinois from Moody’s Analytics shows some trouble ahead. The “State of Illinois Economic Forecast, February 2025,” compiled for the ...
Federated Department Stores, now known as Macy's, Inc., founded the MainStreet chain in 1983 with seven stores in the Chicago, Illinois area. The store was a middle-market chain focused primarily on softlines, similar to Kohl's and Mervyn's. MainStreet stores often featured a "racetrack" layout like a discounter, but checkouts were distributed ...
The chain was founded in 1968 when Target founder John F. Geisse went to work for May Department Stores. [1] Under an antitrust settlement reached with the Department of Justice, May was unable to acquire any more retail chains at the time, and the department-store company needed a way to compete against the emerging discount-store chains. When ...