U.S. lawmakers continue to press for more affordable bankruptcy for small businesses, with Congress reintroducing the Small Business Reorganization Act earlier this month. Reports in...
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...
Sears Holdings may be liquidated in the wake of a meeting Wednesday with several of the struggling retailer’s biggest lenders that did not result in...
Got $9 million? You can buy a nice house on expansive grounds, and maybe a fancy car, or three. Or … you could buy a bank....
Things are looking tough for Perumania Holdings, a U.S, retailer with exclusive distribution rights to various Trump-branded colognes. According to reports from Reuters, the firm...
While the retail industry is undergoing a digital revolution, many merchants are feeling financial pressure. One of the latest retailers to file for Chapter 11...
The movement to have all-in-one cards in the hands of all has lost another disciple. Plastc, the company that had been seeking to develop and...
Another retailer may be biting the dust soon. There are talks of children’s clothing retailer Gymboree filing for bankruptcy as soon as June 1 of...
The rumor mill is churning, and it’s saying that Rue21 is preparing itself to file for bankruptcy later this month. While the company is working...