Page Not Found | Dallas News

Get More Dallas News Around the Web Facebook Twitter Instagram YouTube ©2018, The Dallas Morning News Inc. All Rights Reserved. http://platform.twitter.com/widgets.jshttp://platform.instagram.com/en_US/embeds.js Source link

0
Read More

As retail leaders gather in Dallas, they learn lessons from Yeti, REI and even bankrupt Mattress Firm | Retail

Everyone shops. And the ever-changing retailing industry allows you to replenish at will.  So when retail leaders get together, like they’re doing this week in Dallas, they seek inspiration from other experts who also are looking for new ways to engage with and attract shoppers. The two-day Texas A&M Center for Retailing Summit, appropriately enough, is held at Westin Galleria. The 21-story hotel adjoins the 200-store Galleria mall. The summit pays for scholarships for students attending Texas A&M’s Center for Retailing Studies, which…

0
Read More

Exclusive: Sears CEO Lampert explores bidding for assets in bankruptcy – sources

(Reuters) – Sears Holdings Corp Chief Executive Officer Eddie Lampert is exploring a bid for some of the cash-strapped U.S. retailer’s businesses and real estate once it files for bankruptcy, an alternative to a traditional court-supervised reorganization, people familiar with the matter said on Thursday. FILE PHOTO: A store closing sale sign is posted next to a Sears logo in New Hyde Park, New York, U.S., October 10, 2018. REUTERS/Shannon Stapleton/File Photo Under the scenario, the 125-year-old department store operator,…

0
Read More

Lampert Explores Bid for Sears Assets in Bankruptcy – Sources

Sears Holdings Corp. Chief Executive Officer Eddie Lampert is exploring a bid for some of the cash-strapped U.S. retailer’s businesses and real estate once it files for bankruptcy as an alternative to a traditional court-supervised reorganization, people familiar with the matter said on Thursday. Under this scenario, the 125-year-old department store operator, once the world’s largest retailer, would initially avoid an outright liquidation, but would have to navigate the bankruptcy process without some of its key assets. Lampert, who is…

0
Read More

Exclusive: Lampert explores bid for Sears assets in bankruptcy

2/2 © Reuters. FILE PHOTO: A store closing sale sign is posted next to a Sears logo in New Hyde Park, New York 2/2 By Mike Spector and Jessica DiNapoli (Reuters) – Sears Holdings Corp Chief Executive Officer Eddie Lampert is exploring a bid for some of the cash-strapped U.S. retailer’s businesses and real estate once it files for bankruptcy as an alternative to a traditional court-supervised reorganization, people familiar with the matter said on Thursday. Under this scenario, the…

0
Read More

New Plan to Save Companies from Bankruptcy

Rabat- The economy and finance minister has announced a new action plan to settle debts for private and public sector companies. During Wednesday’s Council of Ministers, chaired by King Mohammed VI, Minister of Economy and Finance Benchaaboun presented a general outline of the 2019 draft Finance Bill. The bill, according to Benchaaboun, prioritizes social policies, in the fields of health, education, and employment. It aims to accelerate social dialogue, improve socio-economic integration, and sustain Morocco’s ailing health and educational systems.…

0
Read More

FanX fears bankruptcy, harm to Utah’s economy if it is forced to pay in ‘comic con’ verdict

SALT LAKE CITY — The producers of the popular FanX convention fear that they could be bankrupted and Utah’s economy could suffer if they are forced to pay $4 million in court judgments as a result of the long running lawsuit over who gets to use the words “comic con.” In an emergency motion filed with the 9th U.S. Circuit Court of Appeals in California, FanX producers Dan Farr Productions, Dan Farr and Bryan Brandenburg asked for a stay of…

0
Read More

Singapore’s insolvency law gives bondholders a chance to chase default losses

The city state’s corporate debt market was hit by more than $1.5b worth of defaults. Bloomberg reported that the new insolvency law could pave way for bondholders to retrieve their funds with court-appointed managers allowed to seek funding from investors unrelated to the case to pay the cost of pursuing claims, by having part of the proceeds. “In insolvency matters, creditors including bondholders can benefit to the extent that the liquidators are able to claw back any proceeds for the…

0
Read More

Decaying stores, plunging sales, and a remote CEO: How Sears was driven to the edge of bankruptcy (SHLD) – Strategy

Sears, once America’s most iconic retailer, is reportedly on the verge of filing for bankruptcy. Sears CEO Eddie Lampert has blamed the company’s decline on the media, shifts in consumer spending, and the rise of e-commerce, among other reasons. But analysts and critics say the company’s demise is the result of years of under-investments in stores. Some stores have shown signs of decay, such as crumbling walls, cracked floors, and collapsing ceilings. Sears employees have hung bed sheets and shower…

0
Read More

Sears skips payments to vendors amid bankruptcy concerns By Reuters

© Reuters. A woman walks out the door past signs advertising store closing signs Sears in New Hyde Park, New York By Richa Naidu and Jessica DiNapoli (Reuters) – Sears Holdings Corp (O:) has started to miss payments to vendors, adding to concerns about its future after sources said on Wednesday that the U.S. department store operator was preparing to file for bankruptcy in the coming days. Three vendors told Reuters that Sears had missed scheduled payments to them in…

0
Read More

Sears Filing For Bankruptcy | RJR News

Sears Holdings is preparing to file for Chapter 11 bankruptcy protection in the coming days, casting doubt over the future of what was once the world’s largest retailer and sending its shares to a record low.   The bankruptcy filing would end a standoff between Chief Executive Officer Eddie Lampert, the retailer’s biggest shareholder and lender, and a special board committee the company has formed to consider a rescue plan that would involve asset sales and a debt restructuring.  …

0
Read More

The history of Sears: How it went from nation’s top retailer to on the verge of bankruptcy

On Wednesday, reports surfaced that retailer Sears might file bankruptcy, which could force the closure of some, if not all, of the retailer’s remaining 900 locations. While other retailers in recent years, such as Toys ‘R’ Us and RadioShack have faded away, Sears’ demise would make the end of an industry titan.  The company was at one time the nation’s largest retailer, selling items as small as earrings, to as big as houses.  MORE INFO: SEARS COULD FILE FOR BANKRUPTCY…

0
Read More

Sears could finally be nearing bankruptcy

Sears, the fallen iconic American retailer, has reportedly hired an advisory firm to prepare a bankruptcy filing. The filing could come this week in anticipation of the company’s $134 million debt payment due Monday, the Wall Street Journal reported. The boutique advisory firm, New-York based M-III Partners, has spent the past few weeks working on the filing, the Journal reported. Still, the possibility of Sears’ demise has loomed for months, and people familiar with the arrangement told the Journal that…

0
Read More

I never imagined Sears would go bankrupt

(MyNorthwest, Unsplash) I get the most random thoughts sometimes when I’m in the shower; I started writing them down. I call them Shower Thoughts. The Seahawks’ jaunt to London It sure seems like the NFL really wants to put a team in London. That would make for an interesting dynamic for a team sport. It’s not that much longer of a flight than when the Seahawks play the Dolphins or the Chargers play the Patriots, but it’s a world away.…

0
Read More

Sears prepares to file for bankruptcy in coming days…

By Jessica DiNapoli and Mike Spector Oct 10 (Reuters) – Sears Holdings Corp is preparing to file for Chapter 11 bankruptcy protection in the coming days following years of declining sales, sources said on Wednesday, casting doubt over the survival of what was once the world’s largest retailer. The bankruptcy filing would end a standoff between Chief Executive Officer Eddie Lampert, the retailer’s biggest shareholder and lender, and a special board committee the company has formed to consider a rescue…

0
Read More

Several filings in Reagor-Dykes bankruptcy case

LUBBOCK, Texas - Attorneys involved in the Reagor-Dykes bankruptcy case filed several documents this week as the Auto Group prepares for a stalking horse bidder to purchase it by late next month. Attorneys for Reagor-Dykes ask the court to approve an agreement allowing KamKad Automotive to purchase vehicles traded in at Reagor-Dykes dealerships. KamKad is the stalking horse bidder that signed a purchase agreement Sept. 30. The filing states allowing KamKad to be involved in trade-ins would “kick start” business…

0
Read More
About

Business on the Web provides the latest Business News: Breaking Personal Finance, Company,  Financial and Economic News.

Our blogs are an excellent place for technology professionals to get up-to-date industry news. Blogging about the hottest education technology issues.

Social Links