Toys "R" Us Inc. announced plans Monday to shutter 64 stores and eliminate 1,900 jobs. The nation’s No. 1 toy retail chain said the restructuring will cause the company to incur after-tax charges of about $126 million...
Cincinnati-based Federated Department Stores is shutting the doors at two of its Macy’s locations this spring...
Kmart Corp. today announced that it launched an internal investigation after receiving an anonymous letter complaining of accounting improprieties at the Troy, Mich.-based chain...
At least two of Kmart’s landlords say they aren’t overly concerned about the retailer’s troubles. Yet...