by Mike Duff | Dec 20, 2022 | Retail Articles
Bed Bath & Beyond has once again announced that it has extended its previous offers to exchange any and all of its outstanding senior notes after limited success in getting holders to make the trade-ins. The extension includes offers to convert 3.749% senior notes...
by Mike Duff | Dec 14, 2022 | Retail Articles
Sears Hometown is liquidating inventory under Chapter 11 bankruptcy protection after a dispute with Transformco, an entity created by financier and former Sears CEO Edward Lampert and ESL Partners, a hedge fund he operates, regarding payments for ongoing inventory...
by Mike Duff | Nov 21, 2022 | Featured News, Retail Articles
As it continues efforts to refinance operations, Bed Bath & Beyond has announced that it has further extended its previously announced offers to exchange any and all of its outstanding senior notes. The exchange would reflect certain changes made to the terms of...
by Mike Duff | Jul 21, 2022 | Featured News, Retail Articles
Amid speculation that it might declare bankruptcy a second time, Tuesday Morning has made a deal with Intalytics, a company that offers real estate analytics. Bloomberg first reported rumors about Tuesday Morning considering restructuring alternatives including a...
by Mike Duff | Feb 3, 2022 | Retail Articles
Tuesday Morning Corp. posted a modest comparable store gain while beating a Wall Street estimate for sales and earnings. The company reported net earnings of $1.9 million, or two cents per share, for the second quarter versus $40.3 million, or 88 cents per share in...