Here's what we are reading this morning:
The decline of Dean & DeLuca: Why premium grocers are biting the dust - The Washington Post
Philadelphia Struggles to Cushion the Blow From Hospital Bankruptcy - WSJ
Fred’s to Close an Additional 129 Stores and Hold Inventory Clearance Sales Across All Stores Nasdaq:FRED
Allison McNeely: "Philadelphia Energy Solutions, which is shutting down its refinery after a June explosion and fire, is finalizing a $150 million bankruptcy loan and could file for Chapter 11 within days."
Antares Is Prepping Its Game Plan for the Upcoming Downturn - Bloomberg
Former Payless CEO joins J.C. Penney's board | Retail Dive
PG&E Introduces Wildfire Monitoring Using Satellite Technology in the Fight against California Wildfires | Business Wire
Hit by Big Loss, Bird Seeks $300M in New Funds — The Information
Starbucks will stop selling newspapers - CNN
Americans' Financial Anxiety Remains High Despite Strong Economy - Bloomberg
Barneys explores possible July bankruptcy filing, grapples with Manhattan rent hike