Thursday, August 15, 2019

Francesca’s completes review; to go it alone

Chain Store Age
Francesca’s has completed its review of strategic alternatives and there are no big changes in store — at least for now.

Early this year, the struggling young women’s apparel and accessories retailer announced a strategic review, whose options included a possible sale. But on Tuesday, the company announced that it had completed the review and believed the interest of its shareholders were best served “at this time” by focusing on the execution of its turnaround plan. . . . more