Remove eCommerce Remove Leverage Remove Restructuring Remove Securities
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Suppliers Are Unhappy With Toys R Us’ Bankruptcy Proceedings

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The retailer could conceivably sell the inventory and use the money to pay bankruptcy lawyers as well as secured lenders. after failing to restructure its debt or find a buyer, Reuters reported. Since a leveraged buyout, Toys R Us has been burdened with over $5 billion in debt. including those under the Babies R Us banner.

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Blockchain Tracker: How Blockchain Impacts Instant Cross-Border Payments

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With eCommerce in full swing, many retailers are looking to restructure many facets of their operations. Naturally, with ease of market entry into various parts of the world economy also comes security concerns. This is great news for retailers, as it allows them to reach new audiences in new markets all over the world.

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Levi Goes ‘Soft And Stretchy’ In A Rigid Retail Market

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million secured term loan, which comes due in 2020. Fitch names rue21 as a retailer at a “high risk of default” because of its bond debt, declining foot traffic, competition from eCommerce and other retailers and “a lack of a compelling product line.”. “The billion leveraged buyout in 2013. Along with Claire’s Stores Inc.,

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Uber’s Rough Ride Of A Week

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At the time, Uber – at the directive of its chief security officer – hid the breach and paid hackers about $100,000 to destroy the data. The ride-sharing company said that no Social Security numbers, credit card information, trip location details or other data were taken. drivers’ license numbers. drivers’ license numbers.