October 21, 2020
Via: Retail DiveMore than a month has passed since Penney first announced a deal in principle to sell its operations to Brookfield and Simon. In other kinds of court cases, that may be a miniscule increment of time. In a retail bankruptcy, […]
September 29, 2020
Via: ForbesThere is no doubt that many retailers have tried to keep their associates on the payroll. These employees worked well as a team, knew the culture of their company, and had loyal customers who returned to them for service and […]
December 23, 2019
Via: Retail DiveDriving a massive year for store closures were factors both dramatic and mundane. Retail bankruptcy liquidations ticked up, adding thousands to the year’s count, while other retailers quietly tinkered with their footprints or pared them under pressure of sales declines. […]
March 25, 2019
Via: Retail DiveDespite a big year in Chapter 11 filings last year, 2019 doesn’t appear to have slowed much. As always, we’ve been keeping track of some of the major retailers that have filed for bankruptcy so far, and the list is […]
July 7, 2017
Via: Retail Dive“Apocalypse.” “Bloodbath.” “Deathwatch.” There’s no shortage of hyperbole around the retail industry these days. But as bankruptcies reach recession levels, it’s hard not to marvel with a kind of dark awe, at the rate of financial failures among retailers as their markets upend. […]
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