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Marketplace

It's a correction, folks

Feb 27, 2020

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What a Chapter 11 retail bankruptcy looks like on the ground

by Marielle Segarra Mar 23, 2018
Multibillion-dollar retailers are enormous machines, with a complex network of suppliers and tens of thousands of workers around the country. Chapter 11 puts them in limbo.
Toys R Us filed for liquidation in a U.S. Bankruptcy court and plans to close 735 stores, leaving 33,000 workers out of jobs. Above, a Toys R Us store in Emeryville, California.
Justin Sullivan/Getty Images

The Weinstein Company files for bankruptcy

by Ryan Kailath Feb 26, 2018
Sales talks fell through for the company behind critical hits such as "The Artist."
Producer Harvey Weinstein (R) and his brother producer Bob Weinstein (L) attend the New York premiere of the film "The Road" in New York City.
Mark Von Holden/Getty Images for Dimension Films