A New Test for Sears CEO Eddie Lampert

A New Test for Sears CEO Eddie Lampert

With the closing of 103 Sears and Kmart Stores in low-traffic venues, Eddie Lampert's salvage operation for Sears just got at least a little more challenging.

Sears to Cut Extra $200 Million to Focus on Little-Known E-Commerce Platform

Sears to Cut Extra $200 Million to Focus on Little-Known E-Commerce Platform

The struggling chain also announced a new $100 million term loan and negative comparable-store sales of 15% for the first two months of the fourth quarter.

10 Retailers That Have Filed For Bankruptcy In 2017

10 Retailers That Have Filed For Bankruptcy In 2017

Retailers have had some issues in the past and these 10 retailers filing for bankruptcy isn't making matters better.

Qualcomm Rejects Broadcom's Director Slate, Setting Stage for Boardroom Battle

Qualcomm Rejects Broadcom's Director Slate, Setting Stage for Boardroom Battle

The chipmaker had nominated a slate of 11 dissident directors to help drive its $130 billion hostile bid to takeover Qualcomm.

Gunmakers Vista Outdoor, Remington Earn Downgrades

Gunmakers Vista Outdoor, Remington Earn Downgrades

Cerberus Capital-backed Remington could default on its loans as early as next year, credit rating agency S&P says.

Bikram Yoga Guru Fades Into Bankruptcy

Bikram Yoga Guru Fades Into Bankruptcy

The company's leader faces a raft of sexual harassment charges.

Bon-Ton to Close 40 Stores Next Year as Retail Collapse Accelerates

Bon-Ton to Close 40 Stores Next Year as Retail Collapse Accelerates

The closures are part of a trend that could push the number of shuttering stores above 12,000 next year.

Lender Claims Weinstein Co. Is in Default

Lender Claims Weinstein Co. Is in Default

The lawsuit is yet another bankruptcy omen for the beleaguered film studio.

JPMorgan, Bank of America Slash Loans to Ailing Retail Industry

JPMorgan, Bank of America Slash Loans to Ailing Retail Industry

As the retail industry struggles with slowing consumer spending and a shift to online shopping, banks are exacerbating the companies funding troubles by paring back financing.

Bon-Ton Gets a Tiny Boost From Lenders Ahead of Holidays

Bon-Ton Gets a Tiny Boost From Lenders Ahead of Holidays

Nervous suppliers reportedly had been asking for cash upfront.