In the clothing and accessories business alone, eight big-name bankruptcies and closures have hit the retail industry the last two months, shutting more than 1,000 stores. The closed doors are symptoms of a bigger problem: America simply has too many stores.
The almost 40-year-old purveyor of prom dresses filed for bankruptcy this morning.
The chain follows DEB and Delia’s into the dark. The teen retailer has been circling the drain for the past year.
Former employees tell BuzzFeed News they got a day’s notice that they would be losing their jobs, even after repeatedly asking if their stores were closing.
The teen retailer has been terrible at identifying its core customer. And as dELiA*s and DEB Shops liquidate, it doesn’t have much time left to get it right.
The iconic ’90s teen clothing line threw in the towel on its turnaround efforts and said Friday that it will file for Chapter 11 bankruptcy protection.
If you wanna be my lover, you gotta get with this quiz.
If these things don’t bring back warm, fuzzy memories, then you can talk to the hand, because the face ain’t listening!
That’s according to long-suffering shareholder and hedge fund manager Whitney Tilson, who told BuzzFeed the teen retailer’s turnaround under its new CEO — recruited from J.Crew — will be different from the Ron Johnson–J.C. Penney situation that burned him last year.
Whitney Tilson, the founder and manager of Kase Capital, peppered Delia’s management with questions about the teen retailer’s turnaround today. Tilson was looking for reassurance that Delia’s new CEO will bring some of the magic she worked on J. Crew to Delia’s.
The end of summer is nigh. But your love of ice cream knows no season.
Blue lipstick, Dickies pants, and chunky platforms! Someone has put up magical scans and you need to see them.
It’s the ’90s and you’re freaking out because your new Delia’s catalog has not arrived in the mail and you need foam footwear. Like, now.
Reason #457 why 1998 was the best year: Delia’s started sending those free mix CDs, featuring emerging artists. (Most of whom were promptly forgotten.)
It’s one of those forgotten teenage thrills. Rory Gilmore probably shopped at dELiA*s.
Get out your highlighters. Mom’s gonna want to know about those platform sandals and that inflatable chair you neeeeeeed.