Content about Blackstone Group

April 12, 2013
Report: Blackstone to aid JCPenney in raising cash

JCPenney is turning to Blackstone Group to help raise cash and better position itself financially, the Wall Street Journal reported.

April 12, 2013
Report: Blackstone to aid JCPenney in raising cash

JCPenney is turning to Blackstone Group to help raise cash and better position itself financially, the Wall Street Journal reported.

August 23, 2012
Sales and earnings up at Michaels in Q2

Michaels Stores reported a second quarter same-store sales increase of 2.9% driven by a 3% increase in transactions and a positive impact of 0.9% from deferred custom framing revenue partially offset by a 1% decrease in average ticket.

July 20, 2012
Michaels searches for new CEO

The nation’s leading arts and crafts retailer is looking for a new top executive after John Menzer resigned to focus on recovery from a stroke.

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