Buckles February Comps Tumble

The Buckle Inc. announced that comparable store net sales, for stores open at least one year, for the 4-week period ended February 25, 2017 decreased 23.2 percent.

BCBG Files For Bankruptcy

“Like many other apparel and retail companies, BCBG has fallen victim in recent years to adverse macro-trends, including a general shift away from brick-and-mortar to online retail channels, a shift in consumer demographics away from branded apparel,” Chief Restructuring Officer Holly Felder Etlin.

Finish Line Sells JackRabbit For Nothing

As part of the sale agreement, Finish Line made a payment of $8.3 million into the JackRabbit business as part of pre-closing restructuring and must make an additional $700,000 payment to the buyer, CriticalPoint Capital, on or before September 30, 2017.