JCPenney Enters Chapter 11 Bankruptcy, Seeks Financing To Continue Operations
UPDATE: JCPenney will close 242 stores, representing about 29% of its locations, according to Bloomberg. The first 192…
News May 18
Latest In: bankruptcy
Stage Stores Begins Liquidating Locations As It Seeks A Buyer
Stage Stores has filed for Chapter 11 bankruptcy, and will simultaneously solicit bids for a going concern sale…
News May 11Reuters: Lord & Taylor Preparing To Liquidate Stores, File For Bankruptcy
Lord & Taylor reportedly plans to liquidate inventory across its 38 remaining locations once its stores reopen, people…
News May 7J.Crew Files For Chapter 11 Bankruptcy, Raises $400 Million To Continue Operations
J.Crew has become the first national retail chain to file for Chapter 11 bankruptcy during the COVID-19 pandemic.…
News May 4CNBC: J.Crew May Be Exploring A Bankruptcy Filing, Along With Neiman Marcus And JCPenney
J.Crew is reportedly preparing for a bankruptcy filing that could come as soon as this weekend, people familiar…
News May 1
COVID-19 Bankruptcies: How The Pandemic Widens The Gap Between The ‘Haves’ And ‘Have Nots’
The weight of the COVID-19 pandemic is pushing retailers to a breaking point, as companies including Gap, Neiman…
Features April 24Modell’s Seeks Bankruptcy Proceedings Pause, Citing Temporary Store Closures
Modell’s Sporting Goods is seeking to further delay its Chapter 11 bankruptcy proceedings due to COVID-19 shutdowns that…
News April 22Citing COVID-19 Sales Impact, True Religion Again Files For Bankruptcy
True Religion has filed for its second Chapter 11 bankruptcy in three years, becoming the first major retail…
News April 14Pier 1 Imports Furloughs Nearly Two-Thirds Of Headquarters Staff, Cuts Wages by 20%+
Pier 1 Imports will furlough 65% of its home office staff as the effects of the COVID-19 pandemic…
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