Houston — Tailored Brands Inc. (NYSE: TLRD), the recently formed parent company of the Men’s Wearhouse and Jos. A. Bank menswear brands, plans to close approximately 250 of its stores in fiscal year 2016, according to the company’s fourth-quarter earnings report released March 9.
Austin, Texas — Ten-X, formerly Auction.com, is set to launch its new transaction platform, Ten-X Commercial, at the South By Southwest Interactive Festival in Austin.
Englewood, Colo. — Englewood-based Sports Authority Inc. has made public a list of 140 stores it plans to close in conjunction with the retailer’s move to file for Chapter 11 bankruptcy protection.
Leawood, Kan. — In a blockbuster merger, AMC Theatres (NYSE: AMC) has agreed to purchase all of the outstanding shares of Carmike Cinemas Inc. (NASDAQ: CKEC) for $30 per share in cash.
Menomonee Falls, Wis. — Menomonee Falls-based Kohl’s Corp. (NYSE: KSS) is set to close 18 underperforming stores during 2016, according to the company’s fourth-quarter earnings report released Feb. 25.
Englewood, Colo. — Facing stiff competition on the retail playing field, particularly online, Englewood-based Sports Authority Inc. announced today that it has filed for Chapter 11 bankruptcy protection.
New York City — New York City-based Rouse Properties Inc. (NYSE: RSE) has entered into a definitive agreement to be acquired by an affiliate of Brookfield Asset Management Inc. for $18.25 per share in an all-cash transaction valued at approximately $2.8 billion.
El Segundo, Calif.— El Segundo-based Matthews Real Estate Investment Services has named El Warner national director of shopping center business.
Los Angeles — Los Angeles-based fashion retailer American Apparel has emerged from chapter 11 as a private company after successfully implementing its plan of reorganization, approved by the Delaware bankruptcy court in late January.
New York City — Following the resignation of CEO Michael Carroll, New York City-based Brixmor Property Group Inc. has named Daniel Hurwitz interim CEO effective Monday, February 8.