NEW YORK, May 7 (Xinhua) -- Neiman Marcus Group, a 112-year-old luxury department store chain in the United States, has filed for bankruptcy protection, the second major U.S. retailer to do so this week amid the COVID-19 crisis. It has commenced voluntary Chapter 11 proceedings in the...
Bankruptcy Code, the company has been awarded court permission to honor its gift cards. Eddie Bauer executives plan to sell the retailer to private equity firm CCMP Capital Advisors to continue its operations. The retailer has reported concerns about meeting debt payments.Jakobson...
Fabric and crafts retailer Joann has filed for Chapter 11 bankruptcy, as consumers cut back on discretionary spending and pandemic-era hobbies.
as the COVID-19 fallout continues to ripple through the nation. It has filed to begin Chapter 11 proceedings in the U.S. Bankruptcy Court for the Eastern District of Virginia, according to a statement by the company on Monday. The company said its lenders have agreed to convert approximately...
Appliances and electronics retailer hhgregg and its Gregg Appliances unit filed for bankruptcy protection, as they continued to struggle with declining sales.
Fashion retailer Forever 21 Inc filed for Chapter 11 bankruptcy on Sunday as it joined a growing list of brick-and-mortar players who have succumbed to the onslaught of e-commerce. Since the start of 2017, more than 20 U.S. retailers, including Sears Holdings Corp and Toys 'R' Us, have...
The department store chain Belk announced it plans to file for Chapter 11 bankruptcy, marking the latest mall-based retailer to do so during the Covid pandemic.
Bankruptcy Code, the c... Jakobson,Leo - 《Incentive》 被引量: 0发表: 2009年 Kmarts open, for now: Area stores thrive as discount retailer files for bankruptcy protection The article reports on outdoor apparel retailer Eddie Bauer's filing for bankruptcy. While reorganizing under Chapter 11 ...
(WJET/WFXP) — Crafts retailer JOANN filed for Chapter 11 bankruptcy early Monday morning. The company, with over 800 stores nationwide, is best known for selling craft supplies, home decor and sewing supplies. The filing allows JOANN to continue to operate while it repays its debts, meaning...
Parts of Intertoys, including its Belgian arm, which operates under the name Bart Smit, are excluded from bankruptcy. Talks are ongoing on the sale of Bart Smit, according to an Alteri statement.