AL AIN/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan offered his condolences ...
Read More »Ascena’s bankruptcy is scariest yet
In the latest example of how the world of brick-and-mortar retail is being overwhelmed by the pandemic, specialty apparel conglomerate Ascena Retail Group Inc — corporate parent of Ann Taylor, Lane Bryant and other chains — filed for Chapter 11 bankruptcy protection. The company said its restructuring plan will allow it to reduce its debt by $1 billion. It also ...
Read More »