Sears Might Be Days Away From Filing For BankruptcyOne of Sears' major shareholders just dumped a chunk of his stock for pennies on his original investment.
Toys R Us Investors Planning Possible Comeback For Shuttered RetailerA group of investors is scrapping an auction for Toys R Us assets, despite receiving a number of qualified bids, and will work with potential partners to develop new ideas for stores.
Colorado Family Struggled With Debt Before Husband's Arrest In Wife And Daughters' KillingAs stunned friends and neighbors ask how the story of a couple that seemed so picture perfect could end so tragically, bankruptcy filings reveal a family that had struggled financially.
"The Coming Storm": Entering Retirement Broke And BankruptEven though the U.S. population is aging, the spike in older Americans entering bankruptcy far exceeds the demographic shift.
Anonymous Person Buys $1M Worth Of Remaining Toys At Toys R Us To DonateThe mystery buyer's immense gesture of good faith is a silver lining in what, to many, has been a sad narrative on the shuttering of an iconic American business.
Last Remaining Toys 'R' Us Stores To Close FridayFriday is last call for one of the most recognizable names in retail, as the last remaining Toys “R” Us stores will close their doors for good.
Toys 'R' Us Could Start Liquidation Sales SoonToys R Us could begin liquidation sales at its stores on Friday.
Toys 'R' Us Could Go Out Of Business Next Week. That's Bad News For Lego And BarbieBankrupt retailer Toys "R" Us may shut all its U.S. stores as soon as next week, according to several reports.
Toys R Us To Close Up To 182 Stores, Including 7 In Chicago AreaToys R Us, operating under bankruptcy protection since the fall, has announced it will close up to 20 percent of its stores, as it seeks to restructure its business under increasing competition from online retailers.
Toys 'R' Us Files For Bankruptcy, But Keeps Stores OpenToys 'R' Us, the toy retailer struggling with $5 billion in debt and intense online competition, has filed for bankruptcy protection ahead of the key holiday shopping season — and says its stores will remain open for business as usual.
Closing Adoption Agency Notifies Couple By Email They Won't Get A BabyJames and David Hickey say they shelled out $15,000. CBS 2's Audrina Bigos reports.
11 Charged With Bank Fraud For Credit Card SchemeEleven people have been charged with bank fraud for a scheme that involved fraudulently obtaining credit cards and quickly maxing them out.
Chicago Area Court Is No. 1 In Bankruptcy FilingsThe court says it had 47,535 case filings in the 12-month period ending March 31, overtaking the Bankruptcy Court for the Central District of California.
Sports Authority Files For Bankruptcy, Will Close 140 StoresOne of the nation’s largest sporting goods retailers, Sports Authority, has announced plans to close or sell about 140 stores, and two distribution centers, including one in Romeoville, as it files for Chapter 11 bankruptcy protection.
Crumbs Bake Shops Close, Company Could Seek BankruptcyGourmet cupcake shop Crumbs Bake Shop has shut down all its stores, including two in Chicago, in the wake of multimillion dollar losses.