The sensory importance of touch and nostalgia are some reasons retailers won’t turn the page on paper catalogues.
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A bankruptcy filing always means there’s not enough money to go around, but the process ensures both debtors and creditors are protected.
While critics accuse companies facing lots of lawsuits of using bankruptcy as a sort of ‘get of jail free card,’ the reality of the legal procedure is more complicated.
Sears and other department stores not only changed how Americans consumed but altered the very nature of society and culture as well.
Sears Canada’s bankruptcy should alert employees and regulators alike to rethink defined-benefit pensions.




