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Retail Bankruptcy

Store Closings, Weak Sales Could Mean $27 Billion Boon For Competitors

AP | ANNE D'INNOCENZIO and MAE ANDERSON | Posted 05.25.2011 | Business

NEW YORK — Retailers left standing amid the carcasses of their competitors are going after orphaned customers. They're using aggressive mailers,...

Fortunoff Liquidation Begins

Reuters | Emily Chasan and Phil Wahba | Posted 05.25.2011 | Business

NEW YORK, Feb 24 (Reuters) - A federal bankruptcy judge on Tuesday approved the sale of luxury retailer Fortunoff Holdings LLC to a group of seven li...