In this report, we dig into 154 recent bankruptcies starting in 2015 and the reasons behind them. As we’ll see, Amazon is not the only reason that physical retail is troubled — mounting debt and retailers’ own missteps and lack of adaptability are also to blame, among other factors. ...
In June, the retailer said that a bankruptcy was “probable,” and later disclosed it may have to close all of its stores in a Chapter 11 scenario. | Credit: Flickr; Phillip Pessar RTW Retailwinds, owner of the New York & Co. banner along with Fashion to Figure, and Happy x Nature...
and subsequently began to expand all over the country. Over the years, due to the death of its parent company and family drama between the owners,Crown Books went through a series of bankruptciesand was completely out of business by 2001. ...
A bankruptcy is reportable for 10 years per rules of the FCRA. There are two types of bankruptcies… Chapter 7 –These remain on a credit report for 10 years from the filing date because there was no repayment. Chapter 13 –These are deleted seven years from the filing date because there...
A significant chapter in Elizabeth's life began during World War II, when she joined the Auxiliary Territorial Service at the age of 18, training as a driver and mechanic. This experience not only honed her resilience but also brought her closer to the people she would one day rule. In ...
The locations were shuttered in the lead-up to BurgerFi’s Chapter 11 bankruptcy, which wasannouncedearlier this month. In a year littered withchain-restaurant bankruptcies, the company cited familiar reasons for the move, including rising food and labor costs and inflationary pressures that...
Last year delivered some of the biggest bankruptcies in retail history, including the Chapter 11 filing of 125-year-old department store, Sears. During the fall of 2018, Retail Dive looked at data and FRISK scores from CreditRiskMonitor to predict which retailers could go bankrupt in 2019. ...
Trump has filed Chapter 11 bankruptcy for his companies six times. Three of the casino bankruptcies came during the recession of the early 1990s and theGulf War, both of which contributed to hard times in Atlantic City, New Jersey's gambling facilities. He also entered a Manhattan hotel and ...
JOANN'S:After 81 years, the seller of fabric and crafts is filing for Chapter 11 bankruptcy protection with its future hanging in the balance …continue reading here. DON'T MISS IT:The FOX Business Rundown Podcast –More podcasts here. ...
Her scholarly endeavors, particularly her work on the impact of bankruptcies on middle-class families, earned her national recognition. In the political sphere, Warren emerged as an influential figure when she was appointed as the chair of the Congressional Oversight Panel for the Troubled Asset ...