April 15, 2020
Via: CNBCJ.C. Penney said Wednesday that it has chosen not to make a roughly $12 million interest payment due on April 15, as the coronavirus pandemic takes a toll on its business. It is entering into a 30-day grace period “in […]
March 3, 2020
Via: Retail DiveLast year sent 17 major retailers into bankruptcy. For some — including Payless, Gymboree and Charming Charlie — it was their second trip to court. Bankruptcy also proved fatal for more retailers in 2019, as liquidations increased. Inside and outside […]
May 8, 2023