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Lands’ End ‘Substantial Doubt’ Warning May Mean Halt to National Expansion

Casual-Clothing Retailer Blames Pandemic on Declining Sales, Deeper Loss
Retailer Lands’ End issued a going-concern warning in a regulatory filing. (Lands’ End)
Retailer Lands’ End issued a going-concern warning in a regulatory filing. (Lands’ End)
By Jennifer Waters
CoStar News
July 27, 2020 | 9:39 P.M.

Lands’ End, facing significant debt obligations, warned investors it's concerned about its long-term options if the casual-clothing retailer can’t refinance a term loan that matures next April. The move indicates a likely halt of the company’s long-term plan to open stores throughout the United States.

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