Green Dot to Acquire GE Capital Retail’s Walmart MoneyCard

Green Dot Corporation said its subsidiary bank, Green Dot Bank, received regulatory approvals to acquire the Walmart MoneyCard Portfolio from GE Capital Retail Bank.

ABLs Stand to Benefit from Retail Grocery Business Shifts

Dramatic shifts in the retail grocery business continue to create opportunities for asset-based lenders and private-equity investors, a Tiger Group expert noted in a Sept. 12 panel discussion with colleagues.

Back in Business: After a Rash of Bankruptcies, Retailers Are in Fighting Shape for 2011

Given what Spence Mehl calls “a bloodbath of bankruptcies” in the retail space in 2008 and 2009, last year brought surprisingly fewer bankruptcies than most had anticipated. And while bankruptcy still loomed heavily for nearly all the big chains in 2010, the difference was that retailers themselves executed their own top-to-bottom restructuring plans. But, Mehl warns, retailers aren’t out of the woods yet.