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LaSalle Bank establishes a division solely for...
LaSalle Business Credit, a subsidiary of Chicago-based LaSalle Bank, has announced the formation of a dedicated retail...
Bankruptcy court approves closing and liquidation...
SLJ Retail Inc. (Smyrna, Ga.) said it has received bankruptcy court approval to close 64 Sam...
Federated says it will close stores in Alabama...
Federated Department Stores (Cincinnati) has announced that it will close two Macy's locations this spring. The stores in...
Food distributor says Kmart's financing...
Fleming Cos. (Dallas), the food distribution giant whose refusal to ship goods to Kmart stores helped trigger the retailer's...
Stanley Marcus dies in Dallas at 96
Stanley Marcus, son and nephew of the founders of Neiman Marcus, passed away in Dallas. The luxury retailer's former...
Retail giant declares bankruptcy
Kmart Corp. (Troy, Mich.), the nation's third-largest discount retailer, filed for Chapter 11 bankruptcy protection today....
Berkshire Hathaway buys the remaining 13 percent...
Berkshire Hathaway Inc. (Omaha, Neb.), the investment firm headed by billionaire Warren Buffett, has acquired the rest of...
Retailer argues ratings downgrade, says it will...
Saks Inc. (Birmingham, Ala.), parent company of several department store chains, said it expects to meet its earnings...
Tells Newsweek that 'a company in...
Martha Stewart ended her silence regarding the precarious state of her retail business partner, Kmart. The housewares...
Bankrupt retailer has begun liquidating nearly $1...
Service Merchandise Co. (Nashville, Tenn.) received court approval to commence going-out-of-business sales and to liquidate...

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