Sears sues Eddie Lampert; claims he stripped chain of $2 billion in assetsSears Holdings Corp. on Thursday filed a blockbuster federal lawsuit that essentially claims former CEO Eddie Lampert drove the company into bankruptcy. Children’s apparel brand’s CEO departsHanna Andersson has a new chief executive. Avenue Stores completes recapitalization Avenue Stores has successfully refinanced its outstanding capital structure. Retail sales strong in March Consumers were busy in March after weaker-than-expected spending in the prior month. Christopher & Banks’ stock trading suspended Christopher & Banks is headed to the OTC Market Group’s Pink Market. Neiman Marcus acquires stake in one of retail’s fastest-growing sectors The booming resale market has gone mainstream. Smart & Final acquired in $1.1 billion deal Smart & Final Stores has been acquired and the buyer is the retailer’s previous owner. Pier 1 weighs store closings Pier 1 got no relief in its fourth quarter as the chain reported weak results and suggested that it could close up to 15% of its stores if certain targets are not met. It also announced the departure of its CFO. Regional grocers tops in customer satisfaction National grocers are not at the top of the list when it comes to customer satisfaction — with one exception. Mastercard to enable financing at POS Mastercard will provide retailers more flexibility in accepting payments through a new acquisition. First Previous 2290 2291 2292 2293 2294 Next Last