financial news

Caché Files For Bankruptcy

Women’s apparel retailer Caché has filed for Chapter 11 Bankruptcy, making it the fifth mall-based retailer to file over the last three…

Volusion Secures $55 Million In Funding

Volusion, a provider of e-Commerce software and services, has secured $55 million in a financing round led by Main Street Capital Corporation….

Adyen Processes $25 Billion In Transactions During 2014

Global payments technology provider Adyen processed $25 billion in payments transactions in 2014, an 80% increase over 2013. Year over year, the…

C. Wonder Files For Bankruptcy

Following an influx of speculation regarding its fate, C. Wonder has filed for bankruptcy in New Jersey. The apparel, accessories and home…

Sony To Close All 14 Canadian Stores

Sony will close all 14 of its retail locations in Canada, according to a company statement. The closures will occur within the…

Is RadioShack’s Bankruptcy Imminent?

RadioShack will file for bankruptcy protection by next month, according to a report from The Wall Street Journal (WSJ). On the heels…

Target Pulls Plug On Canadian Operations

Two years and 133 stores later, Target has announced that it will be closing all of its Canadian stores. Representatives today announced…

Walgreens Shareholders Approve Acquisition Of Alliance Boots

Walgreens shareholders have voted to approve the company’s planned acquisition of the remaining 55% of European pharmacy chain Alliance Boots GmbH. During…

Orchestro Secures $9.8 Million Funding

Orchestro, a provider of demand analytics solutions, has closed a $9.8 million funding round led by Novak Biddle Venture Partners. All existing…

Door To Door Organics CEO Reveals Expansion Plans For 2015

Although online grocery shopping currently represents only 4% of total retail sales, the overall market is expected to experience a surge over…

Delia’s Files For Bankruptcy

Teen brand and retailer Delia’s announced today that it plans to file for Chapter 11 bankruptcy protection and liquidate all merchandise. Recently,…

Deb Shops Files For Chapter 11 Bankruptcy

Women’s clothing retailer Deb Shops has filed for bankruptcy protection in a Delaware court. The filing, which was submitted on November 30,…

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