Retail Bankruptcy

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

AP | ANNE D'INNOCENZIO and MAE ANDERSON | Posted 04.03.2009 | 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 03.28.2009 | 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...