liquidation

Following Second Bankruptcy, Gymboree Plans To Close
Following Second Bankruptcy, Gymboree Plans To Close
January 18, 2019  |  Retail

Amid less expensive destinations for kids’ online clothing and declining traffic in malls, Gymboree Group Inc. plans to close following its second bankruptcy. The retailer, which...

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Sears Gives ESL Another Chance At Bid
Sears Gives ESL Another Chance At Bid
January 10, 2019  |  Retail

Following reports that Sears Holdings had turned down a bid from ESL Investments, a special committee for the retailer now plans to consider a revamped...

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Sears To Close After 126 Years
Sears To Close After 126 Years
January 08, 2019  |  Retail

After 126 years in business as an iconic American retailer, Sears Holdings has reportedly turned down a bid by Chairman Eddie Lampert to help it stay open. But Lampert’s...

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In UK, Cabinet Office Pays Late, Too
In UK, Cabinet Office Pays Late, Too
January 08, 2019  |  B2B Payments

In the U.K., it turns out that even some of the most vocal critics of late payments … pay late. Will a traffic light system...

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Toys R Us Is Going Strong In Asia
Toys R Us Is Going Strong In Asia
January 07, 2019  |  Retail

While Toys R Us has disappeared from the United States, it is going strong in Asia, which plans to open 60 new stores throughout the...

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Sears In Danger Of Liquidation If No Deal Is Reached
Sears In Danger Of Liquidation If No Deal Is Reached
January 04, 2019  |  Retail

Sears, which hasn’t turned a profit since 2010, may face liquidation if it can’t find a resolution to its bankruptcy situation, according to a report...

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Five At Five: Amazon’s India Expansion
Five At Five: Amazon’s India Expansion
January 02, 2019  |  News

Welcome to Five at Five, your late look at the day’s payments and commerce news. Today’s coverage includes the latest international plans from Amazon and...

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Eddie Lampert Submits $4.4B Bid To Save Sears
Eddie Lampert Submits $4.4B Bid To Save Sears
January 02, 2019  |  Retail

In an effort that could help preserve 425 locations and the jobs of up to 50,000 workers, Sears Holdings Corp. Chairman Eddie Lampert made a...

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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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