The Latest

Seritage Growth Properties CEO Andrea Olshan (Getty)
National

Fifty former Sears stores go to market

The owner of the defunct Sears franchise is looking to unload a chunk of properties. Andrea Olshan, chief executive officer of the real estate investment trust Seritage Growth Properties that bankrupt Sears formed five...

Fifty former Sears stores go to market
Washington Prime Group CEO Lou Conforti (Twitter)
National

Washington Prime Group files for Chapter 11 bankruptcy

In November, with mall owners getting crushed, Washington Prime Group CEO Lou Conforti said that bankruptcy was off the...

Washington Prime Group files for Chapter 11 bankruptcy
Katerra facility (Katerra, Getty)
National

Katerra employees fire back with lawsuit over abrupt closure

Reports surfaced June 1 that construction startup Katerra was shutting down its U.S. operations. Three days later, mass layoffs...

Katerra employees fire back with lawsuit over abrupt closure
Softbank CEO Masayoshi Son (Getty, Katerra, iStock)
National

Katerra files for bankruptcy

Even after shedding hundreds of millions of dollars in debt late last year and receiving a $200 million bailout, Katerra has resorted to bankruptcy in its struggle to survive. The company filed for protection...

Katerra files for bankruptcy
Photo illustration of Brookfield Property Partners’ Brian Kingston (Brookfield, iStock)
National

Struggling hotel company handing Brookfield the keys

Out of options, a struggling hospitality trust is handing over its control to Brookfield Asset Management through the bankruptcy...

Struggling hotel company handing Brookfield the keys
AMC CEO Adam Aron (Getty, iStock)
National

AMC reopens 90% of U.S. theaters

The show is going on for AMC. The international movie theater chain has reopened nearly 90 percent of its U.S. cinemas. AMC Entertainment Holdings said Wednesday that 527 out of 589 domestic theaters have...

AMC reopens 90% of U.S. theaters
Ascena owns Ann Taylor, Lane Bryant, Lou & Grey and Cacique. (Getty)
National

Ascena restructuring approved post-bankruptcy

A bankruptcy court has approved Ascena Retail Group’s Chapter 11 plans. Under the plans, Ascena — which owns Ann...

Ascena restructuring approved post-bankruptcy
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