A. We've been much affected by it, as have our traditional producer-customers who sell to troubled retailers.
News of factoring companies heading for the hills has become a part of every troubled retailer's story.
The cutbacks are intended to bolster the troubled retailer's cash flow, the chairman and chief executive, Roger N. Farah, said.
The troubled retailer has published first half results - and they are not pretty.
For any customers worried about where they stand with recent troubled retailers, and who want to avoid problems with future orders, the following guide should help.
And most retail experts agree that the demise of the troubled retailer will have a positive effect locally.
Now Ward has decided to follow the textbook restructuring plan for troubled retailers.
The troubled retailer reported a $34.7 million loss in August in papers filed with the Federal Bankruptcy Court.
Richard Kirk, chief executive of Peacocks, was last night attempting to put together an eleventh hour rescue deal to save the troubled retailer.
Can this troubled retailer survive?