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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

Exclusive: J.C. Penney explores bankruptcy as hopes for recovery fade - sources

J.C. Penney Co Inc is exploring filing for bankruptcy protection after the coronavirus pandemic forced the U.S. retailer to temporarily shut its 850 department stores, upending its turnaround plans, according to people familiar with the matter......»»

Category: topSource: reutersApr 14th, 2020

Modell’s files for bankruptcy, closing all stores

Modell’s Sporting Goods Inc. sought court protection from its creditors and plans to close all its stores, unable to keep up with larger rivals and web competition. The family-owned retail chain’s... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkMar 14th, 2020

U.S. sporting goods retailer Modell"s files for bankruptcy protection

Sporting goods retailer Modell's Sporting Goods filed for Chapter 11 protection in the U.S. bankruptcy court in New Jersey on Wednesday, citing a challenging retail environment......»»

Category: topSource: reutersMar 11th, 2020

Louisville entertainment company files for Chapter 11 bankruptcy protection

A Louisville-based ticket reseller for major sporting events is seeking to restructure through a bankruptcy filing. Access Entertainment Group LLC last month filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court, Western Distric.....»»

Category: topSource: bizjournalsMar 5th, 2020

Retailer to close one of 4 Greater Cincinnati stores amid bankruptcy filing

A Fort Worth, Texas-based retailer, which was already in the process of closing up to 450 stores, on Monday became the latest U.S. retailer to seek Chapter 11 bankruptcy protection. Pier 1 Imports said in a statement that it intends to put itself up .....»»

Category: topSource: bizjournalsFeb 18th, 2020

Owner of dozens of US newspapers files for bankruptcy

The publisher of the Miami Herald, The Kansas City Star and dozens of other newspapers across the country is filing for bankruptcy protection......»»

Category: topSource: moneycentralFeb 13th, 2020

Owner of dozens of US newspapers files for bankruptcy

The publisher of the Miami Herald, The Kansas City Star and dozens of other newspapers across the country is filing for bankruptcy protection......»»

Category: topSource: moneycentralFeb 13th, 2020

Newspaper publisher McClatchy files for bankruptcy protection

Newspaper publisher McClatchy Co. said it's filing for Chapter 11 bankruptcy protection. The second-largest U.S. local newspaper company has obtained new $50 million debtor-in-possession financing from Encina Business Credit that will allow the loca.....»»

Category: topSource: marketwatchFeb 13th, 2020

Wedding chain closes, stranding thousands of couples

Wedding event chain Noah’s Event Venue has closed abruptly after filing for bankruptcy protection in May, sending couples scrambling......»»

Category: topSource: moneycentralFeb 12th, 2020

Weddings chain Noah"s Event Venue closes abruptly, stranding up to 7,500 brides and grooms

Wedding event chain Noah's Event Venue has closed abruptly after filing for bankruptcy protection in M.....»»

Category: topSource: usatodayFeb 12th, 2020

Barley John’s brewpub files for Ch. 11 bankruptcy protection

New Brighton-based brewpub Barley John’s Inc. has filed for Chapter 11 bankruptcy protection while it works to repay its debts. The company listed between $100,001 and $500,000 in assets in its Jan. 20 filing in U.S. Bankruptcy Court for the Dis.....»»

Category: topSource: bizjournalsJan 29th, 2020

The week in bankruptcies: One local company files for protection

Bankruptcy courts in the Boston area recorded one business filing — including zero with total debt above $1 million — during the week that ended January 17, 2020. Chapter 7 bankruptcy protection typically provides for the liquidation of a busi.....»»

Category: topSource: bizjournalsJan 24th, 2020

Papyrus closing all stores in the next four to six weeks, files for bankruptcy protection

Schurman Retail Group has filed for Chapter 11 bankruptcy protection and is closing all 254 Papyrus stores.....»»

Category: topSource: usatodayJan 23rd, 2020

Payless is staging a comeback less than a year after closing all its US stores in one of the largest retail liquidations in history

Paul Warner/ Getty Payless ShoeSource is relaunching in the US after emerging from Chapter 11 bankruptcy protection, the company said Thursday. Payless filed for Chapter 11 bankruptcy .....»»

Category: topSource: businessinsiderJan 16th, 2020

Dairy giant Borden hits bankruptcy as milk substitutes bleed industry

Borden is filing for bankruptcy protection, the second major US dairy to do so in as many months......»»

Category: topSource: foxnewsJan 6th, 2020

Luxury movie theater chain iPic finds buyer after bankruptcy

A luxury movie theater chain — with a location in Houston's River Oaks District — is under new ownership after filing for bankruptcy protection earlier this year......»»

Category: topSource: bizjournalsNov 19th, 2019

Natural gas producer files for bankruptcy a second time

A Wexford-based natural gas producer with operations in West Virginia filed for Chapter 11 bankruptcy protection, its second in less than a year, and announced a $100 million recapitalization. Arsenal Resources Development said the filing, made F.....»»

Category: topSource: bizjournalsNov 11th, 2019

Forever 21 could close 111 underperforming stores in the US. Here"s the full list of locations at risk.

Bethany Biron/Business Insider Forever 21 is expected to close 350 stores globally, including up to 111 locations in the US, after filing for Chapter 11 bankruptcy protection.  The fast-fashion retailer shared a revised list of possible store closu.....»»

Category: topSource: businessinsiderOct 30th, 2019

Destination Maternity closing 183 stores following bankruptcy filing

The latest victim of the retail apocalypse is closing nearly 20 percent of its North American locations......»»

Category: topSource: foxnewsOct 24th, 2019