A week after a report from Fitch Ratings named Sears Holding Corp. as one of seven major retailers who could face bankruptcy over the next two years, Sears CEO Eddie Lampert apparently felt the need to write a public blog post stating that the company had...
Cosi, the Boston-based sandwich chain renowned for its flatbread sandwiches, filed for bankruptcy in a Boston courtroom. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...
Hanjin, the embattled South Korean shipping giant that filed for bankruptcy in late August, got some good news this week as its largest shareholder has agreed to provide an emergency loan, according to Yahoo News. Get the Full Story Complete the form to unlock this...
Aéropostale is officially going to emerge from bankruptcy in one piece, albeit in a slimmed-down form, rather than heading to liquidation as one of its biggest creditors had sought. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
