The troubled retailer completed transactions that the rating agencies consider to be distressed exchanges.
Charles P. Lazarus, the World War II veteran who founded Toy R Us, has died at age 94, a week after the iconic chain he started six decades ago announced it will shut down its stores across the U.S. Toy R Us confirmed Lazarus' death in a statement Thursday.
Nike shares jumped more than 5% in post-market trading after the earnings beat.
Farmers, electronics retailers and other U.S. businesses are bracing for a backlash as President Donald Trump targets China for stealing American technology or pressuring U.S. companies to hand it over.
The CEO of MGA Entertainment is trying to save something “for future generations.”
American Apparel & Footwear CEO Rick Helfenbein warns of impact on consumers.
He served as the chain’s CEO until 1994.
The liquidation process is expected to take about 14 weeks.
More than a dozen have departed since the $13.5 billion deal.
Target, 1-800-Flowers and Ulta Beauty are among the retailers that have signed up.
Toy company executive Isaac Larian says he and other investors have pledged a total of $200 million in financing and hope to raise four times that amount in crowdfunding in order to bid for up to 400 of the Toys R Us stores being liquidated in bankruptcy.
Best Buy will stop buying smartphones from Chinese telecom equipment maker Huawei.
A federal judge has blocked a Texas state agency from withholding from Wal-Mart licenses to sell liquor by the bottle.
The liquidation of Toys R Us is adding to the clutter of "Store Closing" signs as department stores, mall chains and other retailers close poorly performing locations.
Sears has completed refinancing that will save it approximately $15 million in quarterly cash interest expenses, will this be enough for the embattled retailer?
The pressure on British households in the wake of the Brexit-fueled rise in inflation is easing.
Nordstrom said it ended discussions with its founding family over taking the U.S. department store operator private.
San Francisco could become the largest U.S. city to ban the sale of fur, a move that would hearten animal lovers but frustrate niche business owners who say they are fed up with city officials dictating what retailers can or can't sell.
Nordstrom says it has ended buyout talks with family members of the company's founder, saying that it couldn't get the group to raise its price.
The shipping giant reports earnings and revenue that beat estimates.