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Retail Icon JC Penney Prepares To File For Bankruptcy Protection

Retail Icon JC Penney Prepares To File For Bankruptcy Protection Roughly one week after the first reports were published about the Plano Texas-based department store exploring a Chapter 11 filing.....»»

Category: blogSource: zerohedgeApr 15th, 2020

National retailer will close all stores (including 3 in KC area), after second Chapter 11 bankruptcy filing in 2 years

Houston-based Charming Charlie Holdings Inc. is the latest casualty of the so-called "retail apocalypse." The accessories retailer filed for bankruptcy protection again Thursday, and court documents indicate the company will close all of its 261 .....»»

Category: topSource: bizjournalsJul 12th, 2019

10 Of The Largest Retail Bankruptcies Since 2016

Sears Holdings Corp (NASDAQ: SHLD)'s years-long struggle in a tough retail environment culminated in the department store filing for Chapter 11 bankruptcy protection this week. read more.....»»

Category: blogSource: benzingaOct 20th, 2018

Exclusive: California utility PG&E explores bankruptcy filing - sources

California utility company PG&E Corp is exploring filing some or all of its business for bankruptcy protection as it faces billions of dollars in liabilities related to fatal wildfires in 2018 and 2017, people familiar with the matter said on Friday......»»

Category: topSource: reutersJan 4th, 2019

California utility explores bankruptcy filing, sources says

California utility company PG&E Corp is exploring filing some or all of its business for bankruptcy protection as it faces billions of dollars in liabilities related to fatal wildfires in 2018 and 2017, people familiar with the matter said on Friday......»»

Category: topSource: moneycentralJan 4th, 2019

Nearly century-old dairy with St. Louis presence files for Ch. 11 bankruptcy protection

Oberweis Dairy Inc., a nearly century-old business known for home delivery of milk and its retail ice cream and dairy stores, has filed for bankruptcy reorganization while it seeks a buyer......»»

Category: topSource: bizjournalsApr 17th, 2024

Old Country Buffet, Ryan"s, HomeTown Buffet owners declare bankruptcy; close most locations

More than a dozen entities affiliated with a San Antonio restaurant operator have filed for bankruptcy protection and closed the "vast majority" of locations of several classic buffet chains, with only one of its all-you-can-eat brands expected .....»»

Category: topSource: bizjournalsApr 21st, 2021

nth Solutions founder says bankruptcy filing won"t affect Coatesville innovation center project

Exton-based nth Solutions has filed for Chapter 11 bankruptcy protection with plans to reorganize the company and continue supporting startups in Chester County.  Susan Springsteen, nth Solutions' managing partner, cited the Covid.....»»

Category: topSource: bizjournalsApr 8th, 2021

No Toying Around: Toys R Us Stores Could Be Coming Back To North America

One of the most well-known retail brands suffered a Chapter 11 bankruptcy in 2017 that it couldn't overcome. Toys R Us went bankrupt and closed its stores in North America. But the toy retailer could be making a comeback in 2021. read more.....»»

Category: blogSource: benzingaMar 15th, 2021

Operator of Queen Mary in Long Beach files for bankruptcy protection

Eagle Hospitality Trust's Chapter 11 filing signals what could be the start of a wave of bankruptcies for the hospitality industry. The company operates the Queen Mary.....»»

Category: topSource: latimesJan 20th, 2021

SAA has spent $539 million since filing for bankruptcy protection: practitioners

South African Airways (SAA) has spent just under 10 billion rand ($539.94 million) since it entered business rescue, a form of bankruptcy protection, Business Rescue practitioners said on Friday......»»

Category: topSource: reutersMay 15th, 2020

J.C. Penney set to file for bankruptcy in coming days: reports

J.C. Penney Co. Inc. is poised to file for bankruptcy protection in the coming days, according to multiple reports Thursday. Reuters reported the filing could come next week, while CNBC rep.....»»

Category: topSource: marketwatchMay 14th, 2020

Will Bankruptcy Filing Rescue JC Penney Stock?

J.C. Penney is widely expected to seek bankruptcy protection as soon as this week......»»

Category: blogSource: 247wallstMay 12th, 2020

Neiman Marcus files for Chapter 11 bankruptcy protection amid temporary store closings during coronavirus

Neiman Marcus Group is filing for Chapter 11 bankruptcy protection as the coronavirus tips struggling re.....»»

Category: topSource: usatodayMay 7th, 2020

Neiman Marcus filing as Chapter 11 bankruptcy protection amid temporary store closings during coronavirus

Neiman Marcus Group is filing for Chapter 11 bankruptcy protection as the coronavirus tips struggling re.....»»

Category: topSource: usatodayMay 7th, 2020

Gold"s Gym parent files for Chapter 11 bankruptcy protection

Gold’s Gym filed for Chapter 11 bankruptcy protection Monday, but the filing does not include franchisee-owned locations of Gold's Gym, the company said. Most of the D.C.-area locations of Gold's were recently sold to franchisee CFJ Holdings, mea.....»»

Category: topSource: bizjournalsMay 5th, 2020

J. Crew files for bankruptcy as virus batters retail

J. Crew Group filed for bankruptcy protection on Monday with a plan to hand over control to lenders, adding to a list of brick-and-mortar retailers pushed to the brink by widespread store closures in response to the COVID-19 pandemic......»»

Category: videoSource: reutersMay 4th, 2020

Exclusive: Lord & Taylor explores bankruptcy as stores remain shut in coronavirus pandemic

Lord & Taylor is exploring filing for bankruptcy protection after it was forced to temporarily shut all of its 38 U.S. department stores in the wake of the coronavirus outbreak, people familiar with the matter said on Monday......»»

Category: topSource: reutersApr 20th, 2020

J.C. Penney skips interest payment amid bankruptcy fears

J.C. Penney Co Inc said on Wednesday it will not make a $12 million interest payment on its long-term corporate bonds, a day after Reuters reported the department store operator was considering filing for bankruptcy protection......»»

Category: topSource: reutersApr 15th, 2020

J.C. Penney looks into filing for bankruptcy protection, Reuters reports

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallApr 14th, 2020