Here's what we are reading this morning:
McDermott Bonds Drop as Company Said to Miss Interest Payment - Bloomberg
"In its survey of more than 2,500 consumers, UBS said the percentage of people who go to the mall to shop at department stores fell to 20% this year, from 25% a year ago."
Pier 1 appoints Robert Riesbeck CEO | Retail Dive
David’s Bridal reaches debt deal to keep wedding chain running - Los Angeles Times
Chesapeake Warns On Risk to Business From Sagging Oil Prices - WSJ
Approach Resources Inc. SEC Filing on Delisting & Director Resignations
Mothercare files notice of intent to appoint administrators to UK business - Reuters
Large Bitcoin Player Manipulated Price Sharply Higher, Study Says - WSJ
NYC’s Fifth Avenue Sees Steep Rent Decline as Tenants Struggle - Bloomberg