'There's probably the least level of distress by a long shot in health care than there is in any other sector.'

This weekend's Chapter 11 filing by CIT Group apparently has big ramifications for the retail industry, especially apparel. The firm works with 2,000 vendors that supply merchandise to 300,000 stores and finances about 60% of the apparel industry, according to the Associated Press. The good news, according...

This Saturday, on Halloween, Sears is launching a campaign called "Black Friday Now," with "doorbuster" deals on Christmas trees, work boots, diamond-stud earrings and other select items. The deals will take place every Saturday until Christmas. The retailer is saying that the move is a response to customers...

NEW YORK CITY-The total value of distressed assets rose only 1% in September, according to RCA, but that still accounted for $5 billion of new instances in defaults, bankruptcies and foreclosures.

NEW YORK CITY-The total value of distressed assets rose only 1% in September, according to RCA, but that still accounted for $5 billion of new instances in defaults, bankruptcies and foreclosures.

Toys"R"Us is pulling out all the stops this holiday season in efforts to compete with the likes of Walmart and others that have encroached on its territory for a while. The chain's solution? A pop-up and store-within-a-store strategy. Not satisfied that shoppers will gravitate toward the 586 stores across...

PHILADELPHIA-But the mall and shopping center owner is actively pursuing non-traditional tenants to keep occupancy at favorable rates.

PHILADELPHIA-But the mall and shopping center owner is actively pursuing non-traditional tenants to keep occupancy at favorable rates.