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- Bankruptcy
- the condition of being unable to pay debts, with liabilities greater than assets. There are two types of bankruptcy: involuntary bankruptcy, where one or more creditors bring a petition against...
- Bankruptcy definition on BNET »
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- At Mervyns Today, a Bankruptcy Filing
- At Mervyns Today, a Bankruptcy FilingDeath the Bennigan'sI work for a company that manages and tracks gift cards, and I've been following retailers filing for bankruptcy on savvywallet.com. Ponderosa and Bonanza are still accepting Metromedia gift cards. I'm not sure about franchise owned Bennigans's. My advice? Go spend your gift...
- Discussion threads 2008-07-30
- Leverage Inc. Announces Bankruptcy Insurance Policy, Offers Complementary Balance Transfer to Holders of Gift Cards Purchased From Sharper Image and Other Bankrupt Merchants
- Leverage Inc . today announced a new bankruptcy insurance policy that allows customers holding gift cards purchased via its LeverageCard.com destination from Sharper Image and other merchants filing for Chapter 11 bankruptcy protection to transfer remaining, unredeemable balances to gift cards from other retailers available on the Leverage site. Sharper...
- Research articles 2008-02-25
- Retail Roundup: Circuit City Files for Bankruptcy Protection, Gifts Cards Fly Off Shelves, and More
- Circuit City files for bankruptcy protection -- After 59 years in business, retail giant Circuit City filed for Chapter 11 bankruptcy protection when the chain's suppliers cut off credit and demanded up-front cash for shipments. Sales at the chain's 1,500 locations have been declining for months, and the company owes...
- Blog posts 2008-11-10
Additional Resources
- Gift Cards Sales Won't Save Sputtering Holidays
- Retailers can't count on gift card revenues to salvage a holiday selling season that is looking increasingly abysmal. According to a report from MasterCard Advisors SpendingPulse, overall retailer sales â€" including those from credit cards, gift cards, checks and cash -- were down between two and four...
- Blog posts 2008-12-26
- Financial Regulation and Supervision after the Crisis: The Role of the Federal Reserve
- At the Federal Reserve Bank of Boston 54th Economic Conference, Chatham, MassachusettsOctober 23, 2009 The theme of the Federal Reserve Bank of Boston's Economic Conference this year–reevaluating regulatory, supervisory, and central banking policies in the wake of the crisis–is certainly timely. Not much more than a year ago, we and...
- News items 2009-10-23
- Retail Roundup: Wal-Mart Names New CEO, Sale of Boscov's Approved, More
- New Wal-Mart CEO named -- Wal-Mart, the world's largest retailer, will soon be under new leadership: Company officials announced on the morning of Nov. 21 that Mike Duke will replace H. Lee Scott Jr. as CEO of the massive chain, effective Feb. 1. Duke, 58, currently serves as the head...
- Blog posts 2008-11-21
- New Bankruptcy Legislation May Make It Harder to Find an Attorney
- The Bankruptcy Abuse prevention and Consumer Protection Act will make it harder for people with problem debt to have their debt eliminated through filing for bankruptcy. This new legislation will make it harder to have debts wiped out by the courts, and will require more debtors to pay back some...
- White papers
- Kmart, Sears Holding Explore Digital Media
- Kmart has tried ethnic initiatives before but what is interesting about a new campaign for Black History Month is that the Sears Holding division is making online a major part of the effort. Kmart has been exploring how to promote itself using digital media as it struggles...
- Blog posts 2009-01-30
- BofA-Merrill Analysts (Kind of) Hopeful About Holiday Season
- Retail analysts at Bank of America-Merrill Lynch aren't promising a great holiday season, but it should sure turn out a lot better than last year's, they said during a recent holiday outlook conference call. The team is forecasting a same-store sales decline of between one percent and two percent for...
- Blog posts 2009-09-23
- Lehman Post Mortem: How are YOU Doing a Year Later?
- With all the hoopla around the one-year anniversary of Lehman Brothers' plunge into bankruptcy we need a Miss Manners consult to determine the correct gift to honor such an event, what has really changed in the lives of ordinary Americans? The CBS MoneyWatch.com Team talked to a bunch of people...
- Blog posts 2009-09-15
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