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...
There’s nowhere to hide from the crippling economic effects of the coronavirus. As companies across all verticals have been forced to shutter, they’ve been unable...
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...
Travelex, the British foreign exchange company, is seeking a buyer, the Financial Times (FT) reported. “As part of its continuing assessment of strategic options to...
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...
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...
The coronavirus has pushed Neiman Marcus to the point of bankruptcy, the first major store in the U.S. to topple due to the pandemic, according...
Fitness chain 24 Hour Fitness is looking at a possible bankruptcy due to the coronavirus, as well as mounting debt concerns and the fact that...