Thursday, September 22, 2016

Decelerating Retail News

Perry Ellis will close 15 underperforming stores over the next 18 months as it shifts its focus to e-commerce...The owner of sports bar chains Fox & Hound and Champps closed 25 locations, as the company received a lifeline from Kelly Investment Group that will enable it to operate through an expected auction next month.  Last Call’s bankruptcy is its second since 2013. Going into the bankruptcy, Fox and Hound had 48 locations, Bailey’s had 9 and Champps 23. Last Call now operates 37 Fox & Hound locations, four Bailey’s and 14 Champps.

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