Amazon Wants to Turn JCPenney and Sears Stores into Fulfillment Centers
Business

Amazon Wants to Turn JCPenney and Sears Stores into Fulfillment Centers

With the advent of online shopping along with retail stores filling for bankrupcy, Amazon seeks to turn unused department stores into fulfillment centers.
Major Retailer Shopko to Close All Its Stores in 2019
Business

Major Retailer Shopko to Close All Its Stores in 2019

Physical retailers have been going bankrupt at an alarming rate, and now it was time for Shopko. The rural retailer was in huge debt and it will shut down its operations by June.
Chairman May Be Able to Keep 400 Sears Stores Open After Bankruptcy Auction
Business

Chairman May Be Able to Keep 400 Sears Stores Open After Bankruptcy Auction

The company’s chairman and largest shareholder Eddie Lampert was able to win a bankruptcy lawsuit which helped avert the possibility of liquidation
American Retail Icon Sears Files for Bankruptcy
Business

American Retail Icon Sears Files for Bankruptcy

Sears, one of America’s most renowned retailers, has filed for Chapter 11 bankruptcy. It seems the staggering losses suffered in recent years and the crashing debt have finally taken their toll.
Sears Cutting 400 Jobs At Corporate Offices
Business

Sears Cutting 400 Jobs At Corporate Offices

Sears has confirmed that it will be cutting 400 jobs at its corporate offices in a move that is designed to reduce operational costs by nearly $1.25 billion this year.
A Digital Profiles Startup Raised $31 Million Successfully
Business

A Digital Profiles Startup Raised $31 Million Successfully

You probably haven't heard about a marketing technology company known as BounceX.

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