The department store sector is in the middle of another tough week, as Nordstrom filed disappointing earnings on Tuesday (Aug. 25) and JCPenney investors look...
As the approaching colder months are set to make outdoor dining less feasible, and government money dries up, experts are predicting another cycle of restaurant...
The bad news continues to pile up for the mall sector. With real estate investment trust CBL Properties reportedly preparing to file for bankruptcy earlier...
Before declaring bankruptcies, several big U.S. companies are awarding large bonuses to their top executives, according to a Financial Times report. Get the Full Story Complete...
Struggling mall owner CBL Properties intends to file a pre-packaged Chapter 11 bankruptcy to eliminate some $1.5 billion of debt under a plan the company...
NPC International, the largest Pizza Hut and Wendy’s franchisee in the U.S., plans to close as many as 300 Pizza Hut restaurants after a deal...
Off-price specialty retailer Stein Mart, Inc. filed for Chapter 11 bankruptcy in the United States Bankruptcy Court for the Middle District of Florida, Jacksonville Division...
Sur La Table Inc., the Seattle kitchenware products company that filed for bankruptcy protection last month, has sold for nearly $90 million, Bloomberg News reported. Get the Full...