Ann Taylor and Loft’s parent company, Ascena Retail Group, filed for Chapter 11 bankruptcy protection Thursday morning, marking the latest apparel maker on the brink of the coronavirus pandemic. With thousands of physical stores, at its peak, Ascena was once the largest retailer of women’s clothing in the country, having …
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An empty parking lot is seen outside a closed JC Penney Co. store on Mt. Juliet, Tennessee, Thursday, April 16, 2020. Luke Sharrett | Bloomberg | fake pictures JC Penney will fire nearly 1,000 employees as he works out a plan with his lenders to emerge from bankruptcy. The struggling …
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New York & Company store in North Brunswick Township, New Jersey. Michael Brochstein | SOPA Images | fake pictures New York & Co.’s parent company RTW Retailwinds announced Monday that it has filed for Chapter 11 bankruptcy protection and plans to permanently close most, if not all, of its stores. …
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An employee displays the Wirecard AG online payment smartphone app at the company’s exhibition booth at the Noah Technology Conference in Berlin, Germany, Thursday, June 13, 2019. Krisztian Bocsi | Bloomberg via Getty Images Wirecard has received permission to conduct regulated activities in the UK again following a decision by …
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A sign is placed in front of a Chuck E. Cheese restaurant in Newark, California. Justin Sullivan | fake pictures Chuck E. Cheese’s parent company, CEC Entertainment, said Thursday that it filed for Chapter 11 bankruptcy protection after local closings stemming from the coronavirus pandemic ruined its business. The company, …
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