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Bankruptcy

Payless Is Said to Prepare Second Bankruptcy With Store Closures

Payless is preparing for its second trip to bankruptcy court with a plan that could drastically shrink the…

Sears Gets Second Chance; Court Approves Lampert’s $5.2B Bid

A bankruptcy court judge has overruled creditor objections and approved the sale of Sears to its chairman…

Lampert Gets Nod From Pension Watchdog in Bid to Keep Sears Alive

Edward S. Lampert has a big win after Sears Holdings Corp. reached a settlement with the government's pension…

The Battle for Sears Continues

Judge Drain heard testimony from both sides during day two of the bankruptcy hearing. But a decision still…

JLL and Gordon Brothers Collaborate on Retail Services

The alliance aims to better help companies manage restructuring and real estate issues.

Sears Fate to be Decided Later This Week

After hearing testimony on whether Sears should survive or liquidate, a bankruptcy judge will make the final…

Charlotte Russe Files for Chapter 11 Bankruptcy Court Protection

Women's specialty chain Charlotte Russe filed a Chapter 11 petition; it will close 94 stores as it tries to…

ESL Defends Lampert’s Bid for Sears

Lampert and his hedge fund will head to bankruptcy court on Monday.

Lampert’s ESL is Gearing Up for Next Week’s Court Date on Sears

A bankruptcy court will hear arguments on whether a hedge fund can acquire Sears or, as creditors want, if…

AS Beauty Buys Glansaol for $18M

Glansaol owns Laura Geller, Julep and Clark's Botanicals.

Creditors Oppose Lampert’s Plan to Save Sears

Creditors in the Sears bankruptcy oppose a plan by Edward S. Lampert to acquire Sears; some are pushing for a…

David’s Bridal Looks to Grow in New Ways After Bankruptcy

Now the retailer wants to move past gowns.

Lampert’s Sears Bid Leaves Opening for Lawsuits

The $5.2 billion bid did not include a release from wrongdoings under his leadership.

Who Benefits the Most by Saving Sears?

Creditors say Lampert and ESL have filed a motion to prevent a bankruptcy court from approving his bid for…

Shopko Stores, Under Bankruptcy Court Protection, to Close 105 Stores

Shopko Stores, a midwestern retailer, will close 105 stores as it reorganizes under bankruptcy court…