Sears survives bankruptcy auction and will keep 400 stores open – The Denver Post

Sears survives bankruptcy auction and will keep 400 stores open – The Denver Post

Sears – the iconic retail chain that was forced into bankruptcy in October – avoided a total shutdown after billionaire Eddie Lampert, the company’s chairman and largest shareholder, won a bankruptcy auction for Sears Holdings Corp., according to a person familiar with the matter. Last week, Lampert upped his offer to more than $5 billion […]

More closures loom for JC Penney, as one analyst says more than 100 stores still need to shut – CNBC

More closures loom for JC Penney, as one analyst says more than 100 stores still need to shut – CNBC

It looks like there are more store closures looming in J.C. Penney’s future. The department store chain Tuesday said it would be closing three locations by this spring, as it continues to evaluate its real estate. It didn’t disclose the addresses of those three stores or how many additional stores it planned to close in […]

New Year brings full-strength beer to the shelves of Colorado’s grocery stores – The Denver Post

New Year brings full-strength beer to the shelves of Colorado’s grocery stores – The Denver Post

Coloradans shopping for groceries on Tuesday spotted a new item lining the shelves of their neighborhood supermarket: full-strength beer. As of Jan. 1, Colorado’s 3.2 beer law —  a restriction from the Prohibition era that prevented many supermarkets and convenience stores from selling full-strength beer — is no more. Now shoppers can now buy the golden […]

One city’s answer to vaping by teens: Restrict e-cigarettes to adult-only stores – CNN

One city’s answer to vaping by teens: Restrict e-cigarettes to adult-only stores – CNN

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Caribou Coffee reports customer data breach at 265 stores – Channel3000.com – WISC-TV3

Caribou Coffee reports customer data breach at 265 stores – Channel3000.com – WISC-TV3

Photo by Kathy Brozyna Photo by Kathy Brozyna More Money News BROOKLYN CENTER, Minn. – The parent company of Caribou Coffee and Bruegger’s Bagels says hackers gained access to customer information at 265 of its stores in 10 states, including Wisconsin.  The Minnesota-based company says the data breach occurred between Aug. 28 and Dec. 3. […]

Starbucks will offer Uber Eats delivery from more than 2,000 US stores – Engadget

Starbucks will offer Uber Eats delivery from more than 2,000 US stores – Engadget

The expansion doesn’t come completely out of the blue. Starbucks first piloted its delivery program in September, and has been spreading rapidly in China with 2,000 shops already delivering through local services. It’s not certain whether the company will find similar success in its home country, but the combination of its familiarity with Uber Eats’ […]

Sears wins court approval to sell profitable stores

Sears wins court approval to sell profitable stores

Sears Holdings won approval yesterday to sell hundreds of its best-performing remaining stores in an effort to avoid liquidation. The decision to OK Sears’ plan, issued Thursday by Judge Robert Drain of the U.S. Bankruptcy Court for the Southern District of New York, marks a victory for former CEO Edward Lampert and his hedge fund, ESL Investments. […]