Latest In: bankruptcy

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Sears Reportedly Closing 40 More Stores; Additional Closures On The Way

Sears will shutter an additional 40 Sears and Kmart stores in February 2019, and may announce even more…

News November 9
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The Great Sears Demise: What Can Retailers Learn?

It had been predicted by multiple retail analysts for quite some time, but the long and winding road…

Executive Viewpoints October 24
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Sears Files For Bankruptcy After Failing To Adapt To Retail’s Transformation

The long and seemingly inevitable road to bankruptcy has finally come to an end for Sears. The 132-year-old…

News October 15
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Sears Lines Up Financing, Hires Advisers Ahead Of Potential Bankruptcy

Sears Holdings has hired advisers to prepare a Chapter 11 bankruptcy filing that could come as soon as…

News October 10
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Mattress Firm Files For Bankruptcy, Will Close Up To 700 Stores

After weeks of rumors regarding its future, Mattress Firm filed for Chapter 11 bankruptcy protection and will begin…

News October 5
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Sears CEO Wants To Sell Off $3B+ In Real Estate, Assets As Debt Payment Looms

Eddie Lampert, CEO of Sears Holdings, is proposing a way to restructure his struggling retail chain’s debt to…

News September 24
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Bon-Ton May Make A Comeback After Sale Of Intellectual Property Rights

Although Bon-Ton Stores shuttered the remainder of its stores in August, the brandalready may be primed for a…

Executive Viewpoints September 10
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Authentic Brands Group Places $35 Million Bid For Brookstone

Authentic Brands Group has submitted a proposal to acquire the brand assets of Brookstone and is expected to…

News August 29
bankruptcy department stores gump's

157-Year-Old Luxury Retailer Gump’s Liquidates Inventory, Risks Closure

Gump’s, a San Francisco luxury department store founded in 1861, is holding a going-out-of-business sale, according to The…

News August 14
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