November 01, 2016, Punch Bowl Social on Broadway in Denver. Andy Cross | Denver Post | Getty Images Punch Bowl Social filed for Chapter 11 bankruptcy on Monday after a coronavirus epidemic devastated its business. As recently as February, the once boozy “Interpretation” chain was supposed to be the future …
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Department store chain Lord & Taylor is closing two dozen stores for good, as it continues to seek a buyer to restructure under Chapter 11 bankruptcy protection and keep its business alive. Deals will be up to 40% short, the company said Thursday morning, as it released a full list …
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CoolSprings Galleria Mall, Franklin, TN Source: CBL Properties US shopping center CBL & Associates announced on Wednesday that it has entered into a restructuring support agreement with its debtors – marking a bid to increase its balance sheet as its malls are hammered by the Covid-19 crisis. The Chattanooga, Tennessee-based …
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Jamie Salter, Chairman and CEO of Authentic Brands Group LLC. Norm Betts | Bloomberg | Getty Images He helped save Barney’s from liquidation last year and plucked retailers Brooks Brothers and denim clothing maker Lucky Brand from bankruptcy this month – just warming up for Jamie Salter. “I’m in the …
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A pedestrian walks through a Lucky Brand retail store on July 6, 2020 in Corte Madera, California. Lucky Brand Dungarees based in Los Angeles announced that it has filed for Chapter 11 bankruptcy because the company has millions of dollars in debt. The retailer will close 13 of its 200 …
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