Stories Tagged as
Bankruptcy
Retail decline continues with bankruptcies and closures sped up by pandemic
by
Justin Ho
Sep 29, 2020
Many retailers rely on robust holiday sales to boost the year's bottom line. Thanks to COVID-19, good luck with that.
Businesses, insurers want federal backstop to interruption insurance
Sep 11, 2020
Retailers like Century 21 are blaming unpaid insurance claims for their bankruptcies.
What do the mall owners Simon and Brookfield see in J.C. Penney?
Sep 10, 2020
They can't let the retailer fail.
Lord & Taylor's final sale: Who will buy all that real estate?
Aug 28, 2020
The venerable department store is closing all 38 of its brick-and-mortar locations after filing for Chapter 11 bankruptcy.
Bankruptcies among larger businesses highest since just after Great Recession
Aug 12, 2020
The situation for small and medium-sized businesses is probably even worse.
As J.C. Penney liquidates merchandise, other retailers scramble to compete
by
Andy Uhler
Jun 24, 2020
Department stores have to move inventory quickly, and that can be tough if there's a liquidation sale going on next door.
COVID-19 pushes business bankruptcies higher in an already tough year
Jun 19, 2020
The government support provided at the beginning of the pandemic was meant to be temporary, but companies are still suffering.
For public good, not for profit.
Companies are borrowing like crazy, even though their incomes are down
by
Justin Ho
May 28, 2020
For some, borrowing's a lifeline. For others, it's a bargain.
Here comes the bankruptcy wave
May 14, 2020
Experts expect more business and personal bankruptcies as the economic crisis intensifies.
J. Crew is the first major retailer to file for bankruptcy under COVID-19
by
David Brancaccio
, Nova Safo
and Alex Schroeder
May 4, 2020
Online business will continue as usual, and J. Crew still has plans to reopen stores.