Fitch Publishes Third Quarter Recovery Analyses for U.S. Retailers

NEW YORK--(BUSINESS WIRE)-- Link to Fitch Ratings' Report: U.S. Retail Recovery Tool (Third-Quarter 2015)

https://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=877238

Fitch Ratings has updated its recovery analyses for the following U.S. retailers as of Oct. 31, 2015, unless otherwise indicated:

--J.C. Penney Company, Inc. (JCP)

--Sears Holdings Corporation (SHLD)

--SUPERVALU Inc. (SVU) (as of Dec. 5, 2015)

--Toys 'R' Us, Inc. (TOY)

--The Bon-Ton Stores, Inc. (BONT)

--Claire's Stores, Inc. (CLE)

--J. Crew Group, Inc. (JCG)

--The Gymboree Corporation (GYMB)

--The Michaels Companies Inc. (MIK)

--The Men's Wearhouse, Inc. (MW)

--NBTY, Inc. (NBTY) (as of Sept. 30, 2015)

--99 Cents Only Stores, LLC (as of Oct. 30, 2015)

--Neiman Marcus Group LTD LLC (NMG)

The interactive recovery analysis worksheets are available at 'www.fitchratings.com' under the following headers:

Sectors then Corporate Finance then Corporates then Research

Additional information is available at 'www.fitchratings.com'.

The Recovery Ratings reflect the application of Fitch's current criteria which is available on Fitch's website at 'www.fitchratings.com'.

Applicable Criteria

Corporate Rating Methodology - Including Short-Term Ratings and Parent and Subsidiary Linkage (pub. 17 Aug 2015)

https://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=869362

Recovery Ratings and Notching Criteria for Non-Financial Corporate Issuers (pub. 07 Dec 2015)

https://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=873504

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View source version on businesswire.com: http://www.businesswire.com/news/home/20160129005896/en/

Fitch Ratings
Monica Aggarwal, CFA
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Fitch Ratings, Inc.
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New York, NY 10004
or
David Silverman, CFA
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or
Media Relations:
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[email protected]

Source: Fitch Ratings

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