Bankruptcy
David’s Bridal Exits Chapter 11 Bankruptcy Proceedings
David's Bridal on Friday said it has completed its financial restructuring and has successfully emerged from…
Sears’ Unsecured Creditors Say They Are Ready to Sue Lampert and ESL
Sears' unsecured creditors want to file a lawsuit under seal alleging wrongdoing on the part of Sears'…
Gymboree to Go Out of Business After Second Bankruptcy Filing
Gymboree filed for bankruptcy court protection Thursday in order to shutter all stores and wind down…
More Stores Going Dark as Gymboree Returns to Bankruptcy
The children's wear retailer is winding down operations and seeking to sell its Janie and Jack business.
What Vendors Need to Know About Lampert’s Sears Buyout
There's still a question whether a reorganized Sears will be able to change its business for the better.
Lampert Wins Bid to Reclaim Sears
The proposed deal is worth $5.2 billion.
Beauty Brands Founder Proposes Takeover of Bankrupt Business
Robert Bernstein, founder of Beauty Brands, has objected to Hilco serving as the company's stalking-horse…
What Sears Will Need to Do to Survive
The 126-year-old retailer may have found a buyer, but that doesn't mean its out of the woods yet.
Sears to Stay Open for Now: Reports
Eddie Lampert, chairman of Sears and his hedge fund ESL Investments, appears to have won a bid to save the…
Gymboree to File Second Bankruptcy, Close Hundreds of Stores
Gymboree may file for its second bankruptcy in as many years and close 900 stores.
Lampert’s ESL Confirms New Bid for Sears in ‘Excess’ of $5B
On top of buying 57 more real estate properties, there's an additional $139M to cover administrative expenses…
Eddie Lampert Keeps Alive $4.4B Bid for Sears Holdings
Lampert needs to make an additional $120 million deposit to keep his $4.4 billion bid alive and secure a…
Beauty Brands Files Chapter 11, Plans Sale
As part of the bankruptcy process, Beauty Brands plans to close 25 stores.
Decision on Sears Holdings Likely This Week
The concern is that the current bid could likely leave Sears administratively insolvent, unless Eddie Lampert…
Bankruptcy Court Confirms Restructuring Plan for David’s Bridal
The approval paves the way for the retailer to exit bankruptcy court proceedings later this month.