...that oversees Montgomery Ward. Montgomery Ward's action came two days after Massachusetts-based discount retailer Bradlees Inc. announced that it, too, was going out of business. Asked why Montgomery Ward was filing for Chapter 11 bankruptcy...

...sluggish retail environment helped seal the fate of two prominent but struggling retailers -- Braintree, Mass.-based Bradlees Inc. and Montgomery Ward, the 128-year-old Chicago merchandiser owned by General Electric Co. And analysts expect...

...objected, but under a final plan, they were cleared to receive payments estimated at $625,000. When discount retailer Bradlees Inc. went under last December, 10,000 workers lost their jobs. According to court papers, the company received permission...

...month. Even discounters, which have been the most hurt by rising fuel prices, have found themselves struggling, with Bradlees Inc., Ames Department Stores Inc., Kmart Corp. and Costco Inc. not meeting Wall Street's forecasts for October...

...itself from Wal-Mart's low prices and Target's cheap chic. The competition has already claimed such casualties as Bradlees Inc., Montgomery Ward, and Caldor Corp. Meanwhile, ever since Kmart's Jan. 22 bankruptcy filing, rumors have circulated...