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Tag: bankruptcy

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Hertz, JCPenney, JCrew join list of businesses filing bankruptcy

  • Troy S. Mason
  • May 25, 2020
  • 0

WASHINGTON — When the history of the COVID-19 pandemic is written, there will be more than a few words devoted to the retailers the virus […]

  • Business News

Hertz files for bankruptcy protection after more than 100 years in car rental business

  • Troy S. Mason
  • May 24, 2020
  • 0

Hertz filed for bankruptcy protection Friday, unable to withstand the coronavirus pandemic that has crippled global travel and with it, the heavily indebted 102-year-old car […]

  • Business News

JCPenney files for bankruptcy as the coronavirus hammers retail

  • Troy S. Mason
  • May 17, 2020
  • 0

The long struggling department store JCPenney filed for bankruptcy on Friday, becoming the third major retailer following J.Crew and Neiman Marcus to restructure its debt […]

  • Business News

Which major retail companies have filed for bankruptcy since the coronavirus pandemic hit? Here’s the list.

  • Troy S. Mason
  • May 16, 2020
  • 0

From iconic department stores to entertainment giants, the coronavirus has seemingly spared no one in its devastation of the U.S. economy. With bankruptcy currently hovering […]

  • Business News

Luxury retailer Neiman Marcus files for bankruptcy

  • Troy S. Mason
  • May 7, 2020
  • 0

The luxury department store chain Neiman Marcus filed for bankruptcy on Thursday, the second major retailer after J.Crew to seek reorganization this week as the […]

  • Business News

What does it mean when a store files for bankruptcy?

  • Troy S. Mason
  • May 5, 2020
  • 0

Preppy mass-market mall brand J.Crew filed for Chapter 11 bankruptcy protection on Monday, the first major retailer to file for bankruptcy as a result of […]

  • Business News

J. Crew files for bankruptcy as retailer succumbs to COVID-19 fallout

  • Troy S. Mason
  • May 5, 2020
  • 0

J. Crew Group Inc filed for bankruptcy protection on Monday with a plan to hand over control to lenders, adding to a list of brick-and-mortar […]

  • Business News

J. Crew is preparing for a bankruptcy filing that could come this weekend

  • Troy S. Mason
  • May 1, 2020
  • 0

Clothing apparel company J. Crew is preparing for a bankruptcy filing that could come as soon as this weekend, people familiar with the matter tell […]

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