Retail Dive: Two Major Retailers Delay IPOs

by MR Magazine Staff

Retailers planning initial public offerings have recently postponed their plans in light of stock market volatility and plunging share prices of Wal-Mart Stores Inc. and other retailers. Albertsons’ delayed its plans to sell stock late Wednesday and Neiman Marcus Group Inc. earlier this week also delayed its IPO after filing for a U.S. listing in August. Read more at Retail Dive.