The Latest
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Sale of J.C. Penney Approved by Bankruptcy Court, Giving the Retailer a Second Chance
J.C. Penney is on track to exit bankruptcy by Thanksgiving, defying naysayers who believed the 118-year-old company was heading to the department store graveyard. At the end of a 10-hour hearing Monday to review and exhaust all other prospects for Penney, U.S. Bankruptcy Court Judge David Jones approved the sale of the Plano-based retailer to its two largest landlords...
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Neiman Marcus, Fresh Out of Bankruptcy, is Starting a New Round of Staff Cuts
Neiman Marcus is exiting its bankruptcy with a smaller workforce.
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Off-Price Retailer Tuesday Morning Files for Bankruptcy, Plans to Close 230 Stores
Dallas-based Tuesday Morning Corp. filed for bankruptcy on Wednesday saying the pandemic’s “forced prolonged closure” of its almost 700 stores put it into financial distress.
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Goodyear, Amazon, Pep Boys, NTB Are Modernizing How You Buy Tires
The landscape for tire shopping is changing quickly as brands look to improve the buying experience and capitalize on Sears closing many of its full-service auto centers.
