
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataTroubled department store group Gottschalks Inc on Monday announced it will take a $3 million fourth quarter charge when it takes the axe to six loss-making stores as part of a restructuring plan. The California-based retailer said the six under-performing stores in the Pacific Northwest will shut within the next 90 days as it implements a refinancing plan aimed at improving liquidity and reducing its debts.
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData