Less than two years after being sold out of bankruptcy, teen retailer Wet Seal LLC is exploring a liquidation or going-concern sale, among other options, according to people familiar with the matter. The mall-based retailer has continued to struggle and saw its sales suffer even after it cut down on the number of its stores as a result of its first bankruptcy filing in 2015, the people added. Wet Seal’s private-equity...
Source: Wall Street Journal January 13, 2017 19:48 UTC