Financial & Business News

October 25, 2023

Klaussner liquidation is underway; here’s who’s handling it

SB360 Capital Partners has been selected as the exclusive agent for the disposition of Klaussner's inventory.

October 25, 2023

Closing time: Chapter 11 filer Z Gallerie begins liquidation sale

Z Gallerie has begun selling off its merchandise at a steep discount as it seeks to close its 21 retail locations in nine states.

aaron's store front
October 23, 2023

Net loss shrinks in 3rd quarter for The Aaron’s Co.

The lease-to-own specialist adjusted its full-year guidance as it released its figures for the third quarter of FY2023.

Concora Credit

Sponsored October 21, 2023

How to Boost Your Approval Rates and Minimize Declines with Second-Look Financing

Boosting approval rates and minimizing declines is a top priority for many merchants. After all, it directly impacts revenue and customer satisfaction. But what can retailers do to get more credit approvals? Let’s explore how to enhance your retail financing approval rates by examining the evaluation of credit and risk profiles by lenders, identifying common […]

October 17, 2023

Z Gallerie files for Chapter 11; looks for buyer

The retailer, which was bought out of bankruptcy in 2019 by CSC, is hoping to find a buyer or will otherwise begin liquidating its assets.

bed Bath & Beyond Overstock joint logo
October 17, 2023

Overstock overhaul? Hedge fund pushing for action

A hedge is aiming to make changes at and warning in a public filing that it may come after some ...

The holiday shopping season runs from Nov. 1 to Dec. 31 according to the National Retail Federation.
October 17, 2023

Survey hints at how home can grab some of that higher holiday spending

Holiday shoppers are expected to spend an average of $1,652 this year with some of that going toward non-gift home purchases.

ikea, san fran, from press release
October 13, 2023

Inter Ikea Group wraps up one fiscal year, begins the next touting an affordability theme

Inter Ikea Group is continuing to take steps to keep Ikea's products affordable, as outlined in its year-end report.