bankruptcy

Payless To Shut Down Stores After Second Bankruptcy Filing
Payless To Shut Down Stores After Second Bankruptcy Filing
February 15, 2019  |  Retail

Payless ShoeSource will close all of its stores when it files for bankruptcy for a second time later this month. Sources told Reuters that the...

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Big Bankruptcies Wake SMBs Up To AR Insurance
Big Bankruptcies Wake SMBs Up To AR Insurance
February 12, 2019  |  B2B Payments

When Sears announced its bankruptcy as 2018 came to a close, the headlines focused on the dramatic climb and fall of a 126-year-old retail institution....

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Payless ShoeSource Could End Up In Bankruptcy Again
Payless ShoeSource Could End Up In Bankruptcy Again
February 11, 2019  |  Retail

Payless ShoeSource is reportedly gearing up for another round in bankruptcy court, with one news outlet reporting it could happen within the next two weeks....

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Sizzle/Fizzle: Snap Earnings Sizzle, Bitcoin Fizzles
Sizzle/Fizzle: Snap Earnings Sizzle, Bitcoin Fizzles
February 08, 2019  |  Sizzle/Fizzle

Sizzle Snap: Shares snap upward, up by 21 percent, in the wake of earnings that soundly beat projections. Daily average user count may have stanched...

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Judge To Decide Sears’ Fate In Bankruptcy Proceedings
Judge To Decide Sears’ Fate In Bankruptcy Proceedings
February 04, 2019  |  Legal

A U.S. bankruptcy court judge will decide the fate of struggling retailer Sears and its unsecured creditors, according to a report by CNBC. The people...

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Charlotte Russe Closing 95 Stores After Chapter 11 Filing
Charlotte Russe Closing 95 Stores After Chapter 11 Filing
February 04, 2019  |  Retail

Charlotte Russe, a retailer aimed toward young women’s fashion, has filed for Chapter 11 bankruptcy protection, according to reports. The retailer, which has more than...

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PG&E Bankruptcy Plans May Hit Suppliers, Too
PG&E Bankruptcy Plans May Hit Suppliers, Too
February 04, 2019  |  B2B Payments

The ripple effects of PG&E’s bankruptcy may hit billions of dollars in outstanding supplier contracts as renegotiations loom. Elsewhere, Saudi Arabia is spotlighted amid late payments...

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Mall Owner CEO Concerned About Retail Bankruptcies Continuing In 2019
Mall Owner CEO Concerned About Retail Bankruptcies Continuing In 2019
February 01, 2019  |  Retail

David Simon, CEO of Simon Property Group, one of the biggest mall owners in the United States, said he’s concerned there could be more retail...

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Sears Deal Faces Obstacles
Sears Deal Faces Obstacles
February 01, 2019  |  Retail

A deal that would save Sears is facing obstacles, as the U.S. government and major mall owners are trying to block the bid from Sears’ chairman,...

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