bankruptcy

Restaurant Competition Forces Bakers Square, Village Inn Into Bankruptcy
Restaurant Competition Forces Bakers Square, Village Inn Into Bankruptcy
January 28, 2020  |  Retail

The Village Inn and Bakers Square restaurant chains, after years of losses, filed for bankruptcy on Monday (Jan. 27), The Wall Street Journal reported. The...

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Fairway Said To Seek Bankruptcy That Keeps Some Stores Open
Fairway Said To Seek Bankruptcy That Keeps Some Stores Open
January 23, 2020  |  Retail

Grocery chain Fairway is in bankruptcy negotiations with Village Super Market Inc. to keep some stores open as Fairway attempts to sell the company, Bloomberg...

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Barneys Employees Told Paychecks Stalled Due To Ransom Hacker
Barneys Employees Told Paychecks Stalled Due To Ransom Hacker
January 09, 2020  |  B2B Payments

A cyberattack is being blamed for holding up paychecks from the remaining staff at the beleaguered Barneys New York. A source told Page Six on...

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Pier 1 To Close Nearly Half Its Stores On Big Q3 Loss
Pier 1 To Close Nearly Half Its Stores On Big Q3 Loss
January 07, 2020  |  Earnings

Pier 1 said on Monday (Jan. 6) that it intends to close nearly half of its 942 locations, according to CNBC, fueling rumors of bankruptcy...

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Chapter 11 Not An Option For Cash-Strapped Cannabis Companies
Chapter 11 Not An Option For Cash-Strapped Cannabis Companies
December 18, 2019  |  Ecosystems

Marijuana companies’ exuberant bubble has quickly burst after just one year. The harsh reality of a cash crunch looming and burdensome U.S. regulations impede growth...

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Lawsuits, Wage Laws Drive Juno Ride-hailing Firm To Bankruptcy
Lawsuits, Wage Laws Drive Juno Ride-hailing Firm To Bankruptcy
November 20, 2019  |  Gig Economy

Minimum wage and maximum impact? To that end, in New York, the ride-hailing firm known as Juno (operated by Israeli firm Gett), filed for bankruptcy...

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WeWork Co-founder Neumann Considered Bidding On Bankrupt Barneys
WeWork Co-founder Neumann Considered Bidding On Bankrupt Barneys
November 11, 2019  |  Partnerships / Acquisitions

Former WeWork CEO and Co-founder Adam Neumann’s family office was in talks to buy Barneys New York when the embattled retailer was going through bankruptcy...

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David’s Bridal Avoids Bankruptcy With Debt Deal
David’s Bridal Avoids Bankruptcy With Debt Deal
November 05, 2019  |  Retail

David’s Bridal has reached a debt deal, enabling the bridal chain to avoid another round in bankruptcy court. Sources told Bloomberg that the retailer had...

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Barneys’ Flagship Madison Avenue Store To Stay Open For Now
Barneys’ Flagship Madison Avenue Store To Stay Open For Now
November 04, 2019  |  Retail

As the buyer of the luxury retailer brand negotiates with the store’s landlord, Barneys New York’s flagship store on Madison Avenue in Manhattan will stay...

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