Orchard Supply files for Chapter 11, Lowe's steps in - Thomson ...

Orchard Supply files for Chapter 11, Lowe's steps in
Thomson Reuters News & Insight
(Reuters) - Orchard Supply Hardware Stores Corp, spun off by Sears Holdings Corp less than two years ago, has filed for Chapter 11 bankruptcy protection partly blaming hefty dividends paid out to its former parent. Rival retailer Lowe's Companies said ...