Wednesday, April 21, 2021


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Lauren Coleman-lochner

THE HEDGE FUNDS that now own the Toys R Us brand are reportedly considering a relaunch of the toy retailer as a standalone operation next year. / BLOOMBERG NEWS FILE PHOTO/LUKE SHARRETT

New Toys R Us owners said to mull physical stores next...

NEW YORK - The hedge funds that now own the Toys R Us brand plan to relaunch the toy retailer as a standalone operation next...
SEARS HOLDING CORP. is preparing to file for bankruptcy as soon as Sunday, according to a person familiar with the plan. / BLOOMBERG NEWS FILE PHOTO/BRENT LEWIN

Sears is preparing for bankruptcy as soon as this weekend

NEW YORK - The long goodbye for America’s most iconic retailer inches closer to an ending. Sears Holdings Corp., the struggling United States chain owned...
THE LENDERS THAT had planned to liquidate the remaining assets of Toys R Us Inc. have pivoted and are now working on bringing the brand back to life, according to new court filings. / BLOOMBERG NEWS FILE PHOTO/LUKE SHARRETT

Toys ‘R’ Us lenders plan brand revival as auction canceled

NEW YORK - The same Toys R Us Inc. lenders that have been taking heat for their role in the decision to liquidate the company...
JERRY STORCH, a former CEO of the defunct toy chain, has been working with multiple investors on a plan to reboot TOYS R US in the U.S / BLOOMBERG FILE PHOTO/JASON ALDEN

Former Toys R Us CEO is working on the retailer’s reboot

NEW YORK - A revival of Toys R Us might be in the works. Jerry Storch, a former chief executive officer of the defunct toy...
TOYS "R" US is considering closing at least 100 U.S. stores. / BLOOMBERG FILE PHOTO/LUKE SHARRETT

Toys ‘R’ Us is said to consider closing at least 100...

NEW YORK - Toys “R” Us Inc., which filed for bankruptcy in September, is considering closing at least 100 U.S. stores in the face of...
SEARS HOLDINGS Corp. acknowledged “substantial doubt” about its ability to keep operating. / BLOOMBERG NEWS PHOTO

Sears warns of ‘substantial doubt’ about company’s future

NEW YORK - Sears Holdings Corp. acknowledged “substantial doubt” about its ability to keep operating, raising fresh concerns about a company that has lost...
CVS HEALTH CORP. RANKED third-best on a scorecard from Safer Chemicals, Healthy Families that ranks major retailers’ policies on harmful chemicals. / COURTESY SAFERCHEMICALS.ORG

Wal-Mart, Target, CVS rate highest on chemical-disclosure scores

NEW YORK - Here’s one area where Wal-Mart Stores Inc. is handily beating Inc.: telling shoppers what ingredients are in the products...

Retail store sales fell 10% Thanksgiving weekend as online gains

NEW YORK - U.S. holiday shoppers spent more of their time last weekend online and less in line. Consumer spending at brick-and-mortar retail locations in...

Clicks defeat bricks during U.S. retailers’ Black Friday weekend

NEW YORK - Online shoppers outnumbered their brick-and- mortar counterparts during U.S. retailers’ pivotal Black Friday weekend, underscoring the challenges facing American malls this...

Online sales surge ahead of retailers’ holiday deals bonanza

NEW YORK - U.S. e-commerce sales surged on Thanksgiving, raising questions about how many shoppers will show up for brick-and-mortar retailers’ promotions on Black...

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