Financial/Banking

Boston -- Gordon Brothers Group announced that its Japanese affiliate, Gordon Brothers Japan, has published a book, “The Asset Based Solution – Case Studies of Corporate Finance Utilizing Asset Value.”

It looks like the proverbial fat lady has sung for Dov Charney, the founder and ousted CEO of the troubled American Apparel.

On Monday, Judge Brendan L. Shannon of the Bankruptcy Court in Delaware approved a plan backed by a majority of the company’s bondholders. The plan would take American Apparel private and hand nearly full control to its largest lenders.

RadioShack has lost its CEO after he served only nine months on the job.

Ron Garriques has stepped down as chief executive of the consumer electronics chain in order “to pursue other interest in a role that will put him back closer to his family,”   the retailer said in a statement to the Fort Worth Star-Telegram. The company's CFO, Gordon Briscoe,  will serve as interim CEO until a replacement is found.

RadioShack has lost its CEO after he served only nine months on the job.

After relinquishing the CEO role last year, Dollar General chairman Rick Dreiling will complete a previously announced leadership transition on Jan.

When providing the BDO retail IPO outlook for 2015 at the beginning of this year, we asked: Will consumer businesses face a potential Alibaba hangover in 2015?

Staples is giving itself three more months before calling off its proposed $6.3 billion acquisition of Office Depot, giving the companies time to fight an antitrust lawsuit with the Federal Trade Commission.

The NFC/contactless ecosystem will grow in 2016, with an increasingly number of third-party wallets coming from the likes of Samsung and Google.

That’s just one of seven payment predictions contained in a new infographic from the Ingenico Group.

To see the infographic, click here.