bankruptcy

Retailers Scoop Up Former Toys R Us Locations
Retailers Scoop Up Former Toys R Us Locations
December 26, 2018  |  Retail

Months after Toys R US liquidation its holdings in the United States, merchants have taken up space left behind by the toy retailer. The buildings...

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Gymboree Eyes Bankruptcy Loan
Gymboree Eyes Bankruptcy Loan
December 21, 2018  |  Retail

With a potential Chapter 11 filing on the horizon, Gymboree Group Inc. is reportedly looking for a bankruptcy loan. That financing could allow some of...

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Sears, Kmart Same-Store Sales Rise In Q3
Sears, Kmart Same-Store Sales Rise In Q3
December 14, 2018  |  Retail

With sales at closing stores that reportedly brought in shoppers, Sears Holdings’ same-store sales rose at its Sears and Kmart branded stores. The retailer shuttered...

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Eddie Lampert Wants To Buy 500 Sears Stores
Eddie Lampert Wants To Buy 500 Sears Stores
December 07, 2018  |  Retail

In an effort to save Sears, ESL Investments is looking to purchase 500 of the retailer’s stores with a $4.6 billion proposal. The retailer had...

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Sears’ Home Services Division May Receive Offer From Centerbridge, Ace
Sears’ Home Services Division May Receive Offer From Centerbridge, Ace
December 04, 2018  |  Retail

As the deadline for the initial offers for Sears’ home services business and other assets nears, unnamed sources claim that Centerbridge Partners LP and Ace...

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Data Dive, New Starts Edition: Overstock, Sears And iZettle’s Next Steps
Data Dive, New Starts Edition: Overstock, Sears And iZettle’s Next Steps
December 03, 2018  |  Data Dive

As of today, there are 28 days left in the year (and 22 shopping days left till Christmas), meaning themes of “out with the old...

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US Lawmakers Want Cheaper Chapter 11 For SMBs
US Lawmakers Want Cheaper Chapter 11 For SMBs
December 03, 2018  |  B2B Payments

According to The Wall Street Journal (WSJ) on Friday (Nov. 30), two U.S. lawmakers proposed a bill to make filing for bankruptcy easier, faster and more affordable...

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Sears Target Of Reported Takeover Bid
Sears Target Of Reported Takeover Bid
November 29, 2018  |  Retail

Does Sears have a shot at new life? According to a report from Bloomberg, “Cyrus Capital Partners and a hedge fund run by Sears Chairman...

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Gymboree Mulls Closing Half Its Retail Stores
Gymboree Mulls Closing Half Its Retail Stores
November 28, 2018  |  Retail

Gymboree, the U.S. retail outfit that sells children’s clothing, is mulling whether to shutter more than half of its 900-store base, Reuters reported Tuesday (Nov....

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