- The Wall Street Journal•17 days ago
Hours before inking a deal to liquidate, retail chains Eastern Mountain Sports and Bob’s Stores received a last-minute offer to keep them alive.
- Reuters•20 days ago
Eastern Outfitters LLC, the parent of discount chain Bob's Stores and outdoor retailer Eastern Mountain Sports, filed for bankruptcy protection on Sunday, the latest U.S. retailer to do so amid increased competitive pressure facing the sector. British sportswear retailer Sports Direct International Plc has engaged in extensive talks with Eastern Outfitters to become a stalking-horse bidder in a bankruptcy auction, the Chapter 11 filing showed. Sports Direct could not be immediately reached for comment outside regular business hours.
- Reuters•24 days ago
Struggling British sportswear retailer Sports Direct is in talks to bid for Eastern Outfitters LLC, the parent of U.S. discount chain Bob's Stores and outdoor retailer Eastern Mountain Sports, people familiar with the matter said. The sportswear chain, founded and controlled by Chief Executive Mike Ashley, is Britain's largest sporting goods retailer with about 700 stores there and in the rest of Europe and has been looking for ways to expand in the United States. A regulatory filing to the London Stock Exchange on Thursday also revealed that Sports Direct had taken a 11.2 percent stake in troubled UK fashion retailer French Connection, through contracts for difference.
SPD.L : Summary for SPORTS DIRECT INTERNATIONAL PLC - Yahoo Finance
Sports Direct International plc (SPD.L)
LSE - LSE Delayed Price. Currency in GBp
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|Bid||293.00 x 70000|
|Ask||303.00 x 70000|
|Day's Range||295.80 - 299.82|
|52 Week Range||220.70 - 440.60|
|PE Ratio (TTM)||7.97|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|