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...
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...
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...
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...
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...
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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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....
SWIFT India, a joint venture between SWIFT SCRL and several banks, plans to test distributed ledger technology (DLT) in partnership with blockchain startup MonetaGo, Cointelegraph reported....