The lackluster holiday season and deepening recession will take a toll on retailers across the country. Experts are predicting the worst rash of store closings in 35 years. Already, Circuit City is operating under bankruptcy protection. KB Toys, Linens 'n Things and Mervyns announced last year they're going out of business. ...more

January 4, 2009

By now millions of people have received one of those e-mails floating around warning about gift cards this holiday season. ...more

December 1, 2008

By now millions of people have received one of those e-mails floating around warning about gift cards this holiday season. To the frustration of retailers, the e-mails list retailers in bankruptcy – as well as several that aren't – and suggest extra caution about buying gift cards lest you show up at the store and discover it has closed or won't honor them. ...more

November 28, 2008

Penguins co-owner Mario Lemieux will get $21 million as part of the team's settlement of its 1990s bankruptcy. ...more

October 20, 2007