Low-Price Fashion Store Forever 21 Files For Chapter 11 BankruptcyIt was once a hot destination for teen shoppers, but fashion chain Forever 21 has filed for Chapter 11 bankruptcy protection.
Gap To Shift Focus To Old Navy, Athleta StoresGap Inc. says it will shift its focus to its growing brands Old Navy and Athleta, and away from the Gap and Banana Republic.
J.C. Penney Reports Loss And Plummeting Sales In 1QJ.C. Penney is reporting a bigger-than-expected loss and plummeting profits in the first quarter as many of its customers are rejecting a new bold pricing strategy that puts an end to rampant discounting in favor of everyday low prices.
Learn When The Sale Price Is 'Really' A SaleWe've all seen the ads urging you to "buy now," and "you'll never see prices this low again." But how often is that really true?