bankruptcy

Lack Of Travelers Puts The Hurt On Hertz

Lack Of Travelers Puts The Hurt On Hertz
Lack Of Travelers Puts The Hurt On Hertz
May 05, 2020  |  Retail

As if you needed more evidence that the stay at home, all digital world was shattering the “old” economy, or that online platforms have provided...

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J.Crew Won’t Be Last Retail Bankruptcy Amid Pandemic
J.Crew Won’t Be Last Retail Bankruptcy Amid Pandemic
May 04, 2020  |  Retail

J.Crew’s bankruptcy declaration on Monday (May 4) citing the devastating impact on sales by the coronavirus pandemic could be the first of a long line...

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J. Crew Seeks Bankruptcy Protection
J. Crew Seeks Bankruptcy Protection
May 04, 2020  |  Retail

Amid fallout from the coronavirus pandemic, J. Crew Group Inc. has become the first major retailer to file for bankruptcy with intentions to cede control of the...

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J.Crew Joins The Pandemic Bankruptcy Perp Walk
J.Crew Joins The Pandemic Bankruptcy Perp Walk
May 01, 2020  |  Retail

The great retail re-opening is now being called the “great resettling” by many observers and J.Crew is its latest victim. According to several sources the...

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Debt Traps – And Bankruptcies – May Spread As A Coronavirus Side Effect
Debt Traps – And Bankruptcies – May Spread As A Coronavirus Side Effect
April 27, 2020  |  Coronavirus

There’s nowhere to hide from the crippling economic effects of the coronavirus. Get the Full Story Complete the form to unlock this article and enjoy...

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Investors Propose $700M In DIP Financing For Neiman Marcus
Investors Propose $700M In DIP Financing For Neiman Marcus
April 27, 2020  |  Retail

Amid the retailer’s reported impending bankruptcy, an investor group is intending to provide an alternative to a $600 million financing arrangement for Neiman Marcus Group and pressure...

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Hobbled By Hackers And COVID-19, Travelex Goes Up For Sale
Hobbled By Hackers And COVID-19, Travelex Goes Up For Sale
April 22, 2020  |  Business

Travelex, the British foreign exchange company, is seeking a buyer, the Financial Times (FT) reported. Get the Full Story Complete the form to unlock this...

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No New Bankruptcy Filings, But Darkness Intensifies For Department Stores
No New Bankruptcy Filings, But Darkness Intensifies For Department Stores
April 22, 2020  |  Retail

The retail bankruptcy watch turned to some Wednesday morning quarterbacking this week, as industry experts and observers took turns assessing the current and potential damage...

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Lord & Taylor Joins Retail Bankruptcy Watch
Lord & Taylor Joins Retail Bankruptcy Watch
April 21, 2020  |  Retail

The retail bankruptcy watch intensified Tuesday (April 21) as the department store sector was hit by reports of yet another major player looking at that...

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