bankruptcy

Sears CEO Wants To Restructure Debt, Sell Assets
Sears CEO Wants To Restructure Debt, Sell Assets
September 25, 2018  |  Retail

In an effort to avoid bankruptcy, Sears CEO Edward Lampert is pitching a rescue plan: He wants the retailer’s board to sell assets and creditors...

READ MORE >
Carillion To Give Rise To Supplier Payments Standards?
Carillion To Give Rise To Supplier Payments Standards?
September 24, 2018  |  B2B Payments

The Carillion bankruptcy has implications for late payments beyond the construction industry. Some observers, such as David Brown, CPO of Previse, see opportunity for a widespread...

READ MORE >
Suppliers Wary Of Toys R Us Repeat
Suppliers Wary Of Toys R Us Repeat
August 29, 2018  |  B2B Payments

Toys R Us the store may already be a distant memory for shoppers – but for its suppliers, lessons learned from the retailer’s demise are...

READ MORE >
Got $9M? Then You Can Get A Bank
Got $9M? Then You Can Get A Bank
August 24, 2018  |  Business

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....

READ MORE >
The $70K Dent The Financial Crisis Put In The US Consumer’s Pocketbook
The $70K Dent The Financial Crisis Put In The US Consumer’s Pocketbook
August 21, 2018  |  Alternative Finances

While the Great Recession technically began in Dec. 2007, most people remember a different date as the “real” start to the Great Recession: Sept. 15, 2008....

READ MORE >
Retail Pulse: Mattress Firm Mulls Bankruptcy; Walmart Plans Robotic Grocery Pickup
Retail Pulse: Mattress Firm Mulls Bankruptcy; Walmart Plans Robotic Grocery Pickup
August 10, 2018  |  Retail

Brick-and-mortar retailers have sought to reduce their retail footprint in hard times, and Mattress Firm, Inc. is no exception. The brand could close between 600 to...

READ MORE >
Marketplace Lending And Curbside Delivery Sizzle, Ridesharing Fizzles
Marketplace Lending And Curbside Delivery Sizzle, Ridesharing Fizzles
August 10, 2018  |  Sizzle/Fizzle

The biggest story this week in grocery came, as it often does, care of the new Whole Foods Market as operated by Amazon. Curbside delivery...

READ MORE >
Five At Five: Even Financial Gets New Funding Round
Five At Five: Even Financial Gets New Funding Round
August 07, 2018  |  News

Welcome to the Five at Five, your late look at the payments and commerce news of the day. Coverage includes Even Financial raising additional funding,...

READ MORE >
Mattress Firm Eyes Bankruptcy, Store Closures
Mattress Firm Eyes Bankruptcy, Store Closures
August 07, 2018  |  Retail

As Mattress Firm, Inc. looks to shutter money-losing locations and find its way out of leases, people familiar with the company say that the retailer...

READ MORE >