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Sears officially announces Eddie Lampert as the winner of its bankruptcy auction and says 45,000 jobs will be saved

Eddie Lampert's bid would keep about 400 Sears stores open and retain about 45,000 jobs.
Inside a Sears store.

‘There is no way Sears is going to survive’: Sears may live on, but some say failure is inevitable

Analysts have raised questions about whether Sears can survive after emerging from bankruptcy as a smaller, reorganized company.

Gymboree is shutting more than 800 stores as it files for bankruptcy

Gymboree will close all stores under the Gymboree and Crazy 8 banners and pursue a going-concern sale for its Janie and Jack stores.
Andrew Feldstein, CEO and CIO of BlueMountain Capital Management, sits during the Harbor Investment Conference in New York,

PG&E spikes after a hedge fund challenges its ‘damaging, avoidable, and unnecessary bankruptcy’

PG&E jumped over 5% early Thursday after one of its biggest shareholders challenged its plan for a "damaging, avoidable, and unnecessary bankruptcy."
Sears has been losing money and closing stores for years.

Sears, once the largest retailer in the world, has narrowly avoided liquidation. Here’s how its downfall played out.

Sears used to be the biggest retailer in the world. Chairman Eddie Lampert has won a bankruptcy auction to keep it alive.

Sears set to stay open after last ditch bid prevents liquidation, sending shares surging

A last ditch effort from a billionaire hedge fund manager is set to keep Sears alive after beating off competition for the legacy retailer.

PG&E’s $30 billion in potential liabilities is worrying debt holders who fear they won’t be paid

Trading figures for PG&E signal that investors fear losses as a result of the company's exposure to $30 billion in liabilities for its role in the fire.
On shopper said this jacket is not appropriate for her toddler. "I don't want punk rocker, I want color that says sunshine," she wrote on the company's Instagram page.

Gymboree is reportedly planning to close all 900 of its stores

Gymboree previously filed for bankruptcy in June 2017 and closed nearly 400 stores in the process.
PG&E is being engulfed by problems relating to the California fires.

PG&E shares plummet after flagging bankruptcy plan and possible $30 billion in liabilities from California fire fallout

PG&E's CEO resigned Sunday, and the company on Monday confirmed its plans to file for chapter 11 bankruptcy.

Sears and Kmart employees aren’t necessarily out of luck when it comes to receiving severance — but it all depends on timing

Sears and Kmart, both part of Sears Holdings, are in jeopardy of liquidating soon — here's what that means for workers' severance.