retailer

Sycamore Partners, liquidators bid on bankrupt U.S. teen retailer Aeropostale

Bankrupt U.S. teen retailer Aeropostale Inc received bids this week for its business from private equity firm Sycamore Partners, as well as liquidators, firms that wind down businesses, according to people familiar with the matter. Investment firm Versa Capital Management LLC did not submit a bid for

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Sycamore Partners, liquidators bid on bankrupt U.S. teen retailer Aeropostale

retailer

Exclusive: U.S. and Chinese labor groups collaborated before China Wal-Mart strikes

OUR Walmart, the American worker group, has taken the unusual step of collaborating with a group of Chinese Wal-Mart workers trying to fight work schedule changes and low wages. “They asked for our support,” said Cantare Davunt, OUR Wal-Mart's leader from Minnesota, who participated in the Skype call. The U.S. organization is keen to maintain the relationship with the WCWA and believes such partnerships can boost the clout of the retailer’s global workforce.

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Exclusive: U.S. and Chinese labor groups collaborated before China Wal-Mart strikes