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 […]
Tag: files
JCPenney files for bankruptcy as the coronavirus hammers retail
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 […]
Tesla files lawsuit against California county over plant shutdown
Tesla, the electric vehicle maker controlled by billionaire Elon Musk, filed a federal lawsuit Saturday against Alameda County in California challenging its precautionary shutdown of […]
Luxury retailer Neiman Marcus files for bankruptcy
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 […]
What does it mean when a store files for bankruptcy?
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 […]
J. Crew files for bankruptcy as retailer succumbs to COVID-19 fallout
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 […]