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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.
Analysts have raised questions about whether Sears can survive after emerging from bankruptcy as a smaller, reorganized company.
Gymboree will close all stores under the Gymboree and Crazy 8 banners and pursue a going-concern sale for its Janie and Jack stores.
PG&E jumped over 5% early Thursday after one of its biggest shareholders challenged its plan for a "damaging, avoidable, and unnecessary bankruptcy."
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.
A last ditch effort from a billionaire hedge fund manager is set to keep Sears alive after beating off competition for the legacy retailer.
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.
Gymboree previously filed for bankruptcy in June 2017 and closed nearly 400 stores in the process.
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.