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Ex-CEO bids more than $5 billion to keep Sears open

By Marielle Segarra
January 17, 2019

Most of the bankrupt retailer's creditors want it liquidated, but not former CEO Eddie Lampert.

POSTED IN:  business Sears bankruptcy Retail
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A Hail Mary bid to save Sears

By Meghan McCarty Carino
December 07, 2018
A Sears store in Brooklyn, New York, in October.
Spencer Platt/Getty Images

The chairman of the storied retailer has proposed a $4.6 billion bid to save what's left of the 130-year-old chain.

POSTED IN:  business Sears corporate eddie lampert SEC Securities and Exchange Commission bankruptcy loans debt
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How Toys R Us workers got the retailer's private equity owners to pay severance

By Marielle Segarra
November 23, 2018
Tim Boyle/Getty Images

POSTED IN:  bankruptcy Toys R Us private equity KKR Bain business toys shopping Retail
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Remembering Sears

By Barbara Platts
October 16, 2018
The Sears logo is displayed on shopping carts outside of a Sears store on May 31, 2018 in Richmond, California. 
Justin Sullivan/Getty Images

Listeners describe their favorite memories of Sears over the years.

POSTED IN:  Sears bankruptcy reader comments Economy Amazon Target Walmart
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Sears teeters on the edge of bankruptcy

By Marielle Segarra
October 10, 2018
Customers shop at Chicago's last remaining Sears store on May 3, 2018 in Chicago, Illinois.
Scott Olson/Getty Images

The company is more than $5.6 billion in debt.

POSTED IN:  business Sears Economy bankruptcy store closures investment Retail
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Online mattress startups are disrupting the market

By Erika Beras
October 05, 2018
People check out Serta mattresses at the 2015 Consumer Electronics Show in Las Vegas.
ROBYN BECK/AFP/Getty Images

The industry is crowded with internet competition, forcing one retailer into Chapter 11 bankruptcy.

POSTED IN:  business mattresses serta mattress industry consumers mattress firm bankruptcy casper disruption
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A view from the center of the Lehman Brothers collapse

By Sabri Ben-Achour and Jonaki Mehta
September 14, 2018
Kiyoshi Ota/Getty Images

Tom Russo, former general counsel at Lehman Brothers and AIG, talked to us about how the fall of Lehman Brothers could have been stopped.

POSTED IN:  Lehman Brothers lehman brothers collapse financial crisis bankruptcy
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Brookstone saves airport-based stores from the chopping block. Here’s why.

By Reema Khrais
August 02, 2018
A Brookstone store is seen at Rockefeller Center October 29, 2003 in New York City. 
Mario Tama/Getty Images

POSTED IN:  business Economy airports Retail bankruptcy airport retail
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How companies like Toys R Us get approval to pay executive bonuses during bankruptcy

By Marielle Segarra
April 10, 2018
Leon Neal/Getty Images

Payments, once justified as a way to retain leaders during the crisis, are now tied to performance metrics.

POSTED IN:  business Retail bankruptcy Toys R Us executive bonuses
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