Teen Retailer Wet Seal Explores Next Steps - News Summed Up

Teen Retailer Wet Seal Explores Next Steps


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



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */