American Apparel unveils plans to cut costs by closing some stores and streamlining its workforce, as the apparel retailer looks to turn around its flagging business.

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Topics:  american apparel   stores   workforce   
BING NEWS:
  • Rue 21 enters bankruptcy, to close six Triad stores, 543 overall
    The rue21 apparel retailer has filed for federal bankruptcy protection with plans to close all 543 stores that include six locations in the Triad.
    05/3/2024 - 7:46 am | View Link
  • Rue21 Files for Third Bankruptcy to Close Stores and Sell Brand
    The retailer said it has been losing money due to the growth of online shopping, industry competition, inflation and other factors.
    05/2/2024 - 7:35 am | View Link
  • Reporter, The Wall Street Journal
    Andrea Petersen is a reporter at The Wall Street Journal in New York, writing about consumer health with a focus on mental health. Her stories have explored everything from the science of sleep to ...
    04/30/2024 - 1:00 pm | View Link
  • Wall Street
    Morgan Stanley's $5.5 trillion wealth business is the envy of Wall Street. Its new boss Jed Finn is anything but complacent. Gerry Cardinale, an ex-Goldman Sachs partner, made his name as the ...
    04/30/2024 - 8:42 am | View Link
  • Wall Street Breakfast: Brace For Impact
    Slowing demand... Intense competition... Price cuts... Layoffs... Tesla (TSLA) has had it rough in the recent past, and shareholders are now preparing for what could ...
    04/23/2024 - 1:30 am | View Link
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