Tristan Navera - HoustonNewMedia.org

NRA will still explore moving HQ out of Virginia despite court loss

Tristan Navera — Thu, 13 May 2021 13:00:37 +0000

Although a judge has blocked the NRA's bankruptcy petition, it says it will continue to explore reorganizing as a nonprofit in Texas and moving its headquarters out of Virginia.

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Ascena Retail Group to sell Justice for $90M, all remaining stores to close

Tristan Navera — Thu, 12 Nov 2020 14:31:33 +0000

Ascena Retail Group has reached a deal to sell tween fashion retailer Justice for $90 million, with a wind-down of all its remaining stores expected to conclude next year.

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Ann Taylor owner Ascena’s Chapter 11 filing to result in more store closures in Houston area

Tristan Navera — Sun, 26 Jul 2020 01:15:53 +0000

The company is closing one brand entirely, 600 stores under another brand and all locations in Canada, Puerto Rico and Mexico across all brands.

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Victoria’s Secret to close 250 stores as L Brands starts its big breakup

Tristan Navera — Thu, 21 May 2020 18:53:04 +0000

Victoria's Secret will close 250 stores this year as L Brands Inc. (NYSE: LB) prepares to break up its two capstone brands.

The retailer's closures will take place over the course of the year across its North American footprint. It plans a "meaningfu...

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Here’s when Round 2 of PPP could run out

Tristan Navera — Wed, 06 May 2020 13:47:40 +0000

The Paycheck Protection Program's pool of money is stretching further than expected this round thanks to the smaller size of loans gaining approval. But that doesn't mean businesses should dawdle in their applications.

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What the SBA is doing to get ready for PPP Round 2, and when you can start applying

Tristan Navera — Fri, 24 Apr 2020 21:58:06 +0000

The U.S. Small Business Administration is readying to dole out billions more in loans for businesses nationwide. The program will start taking applications again April 27.

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Amid layoffs and store closings, Express announces turnaround plan focused on confidence and self-expression

Tristan Navera — Thu, 23 Jan 2020 20:53:36 +0000

Express Inc. has a multifaceted plan to turn around its image to one of confidence and self-expression.

Leaders of the Columbus, Ohio-based apparel retailer announced a new corporate strategy Jan. 22, at the same time they told the Securities and Exch...

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Another nationwide mall retailer to close 100 stores amid $80M in cost-cutting

Tristan Navera — Thu, 23 Jan 2020 14:47:21 +0000

Express Inc. (NYSE: EXPR) is closing 100 stores as it looks to further tighten its belt.

The Columbus, Ohio-based retailer said in a filing with the Securities and Exchange Commission that the closures will take place until 2022, including nine stores...

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