Displaying all articles tagged:

Bankruptcy

  1. operators
    WeWork CEO Adam Neumann Visits Shanghai
    Why on Earth Is Adam Neumann Trying to Buy Back WeWork?“I think the person who would be most frustrated if Adam Neumann bought WeWork would be Adam Neumann.”
  2. wework
    What Killed WeWork?In retrospect, it’s surprising that it took this long.
  3. getting around
    VanMoofers After the BankruptcyWill the Dutch e-bike’s acquisition by a new company be enough to restore riders’ faith?
  4. the money game
    Shane Smith Has a Secret Multimillion-Dollar Vice DealThe co-founder’s quiet current role as Vice’s big dealmaker means he is unlikely to leave anytime soon.
  5. brick & mortar
    Chaos and Betrayal on Day One of Bed Bath & Beyond’s Closeout Sale“They tricked everyone.” At the Chelsea megastore, customers raged at the lack of deals.
  6. operators
    The Williamsburg Hotel’s Drawn-Out, Chaotic Bankruptcy Process“I do have some concern that he’ll do something really stupid here.”
  7. coronavirus
    Household-Name Companies That Have Filed for Bankruptcy Because of CoronavirusLord & Taylor is the latest. Here are the rest.
  8. fashion
    Oh No, Not Muji Too?!The Japanese retailer just filed for bankruptcy in the U.S., but it sounds like it will be okay.
  9. performing arts
    Cirque du Soleil Files for Bankruptcy Protection, Lays Off 3,500 EmployeesThe Montreal-based theater company’s shows have been dark since mid-March.
  10. fashion
    What Does J. Crew’s Bankruptcy Mean for Madewell?Madewell thrived while J. Crew wilted. Will they go down together?
  11. j. crew
    J. Crew Becomes First Major Retailer to File for Bankruptcy Amid PandemicThe company has been on shaky ground for a while, though.
  12. coronavirus stimulus
    McConnell Calls General Relief for States ‘Blue-State Bailouts’Once Republicans favored no-strings aid to states and localities. Amid a pandemic, they fear too much good might be done.
  13. coronavirus
    Fairway Executives Use the Coronavirus to Defend BonusesThe company wants to dole out $2.3 million in payments.
  14. grocery wars
    Dean & DeLuca Has Filed for Bankruptcy ProtectionThe former gourmet grocer owes creditors nearly $275 million.
  15. grocery wars
    Amazon Is Looking To Purchase 4 Fairway StoresThe Seattle–based tech giant is eyeing two locations in New Jersey, one in Westchester, and a location in Red Hook, Brooklyn.
  16. uh oh
    Ample Hills Creamery Has Filed for BankruptcyThe Brooklyn-born ice-cream chain is looking to restructure its debt.
  17. business
    It Was Sears’s Time to GoThe retailer completed the circle of corporate life: it made lots of money for a long time, then competitors with different skills took its place.
  18. bankruptcy
    After Sexual-Assault Suit, Mike Isabella’s Restaurant Group to File BankruptcyHe says sales dropped significantly.
  19. end of an era
    The Necco Factory Has Closed Amid Mysterious CircumstancesApproximately 230 people are now out of a job after learning that the company was sold to another buyer just months after being saved.
  20. the weinstein company
    Bob Weinstein to Step Down From the Weinstein Company BoardFollowing the completion of TWC’s bankruptcy sale to Lantern Capital Partners.
  21. the weinstein company
    The Weinstein Company Declares Buyer in Bankruptcy SaleLantern Capital Partners offered $310 million. A judge still needs to sign off on the deal.
  22. the weinstein company
    The Weinstein Company Files for BankruptcyTWC has also released its employees from their nondisclosure agreements per negotiations with New York attorney general Eric Schneiderman.
  23. the weinstein company
    The Weinstein Company Will File for Bankruptcy“While we recognize that this is an extremely unfortunate outcome for our employees, our creditors and any victims, the board has no choice.”
  24. the chain gang
    Fancy-S’more Purveyor Cosi Has Filed for BankruptcyThe sandwich chain has been in trouble for years.
  25. Grocery Wars
    Fairway Market Officially Files for BankruptcyThe company says all of its stores will stay open for the time being.
  26. 1988 Was One of the Most Disastrously Insane Years in Donald Trump’s LifeIt wasn’t his best year for making deals.
  27. international intrigue
    Draft of Puerto Rico Rescue Bill Released; No One Likes ItThe plan to fix Puerto Rico’s $70 billion debt isn’t going so well.
  28. Horrible Bosses
    Buffet Chain Fires Hundreds With No Warning“I came and there was a sign on the door that says we’re closed permanently.”
  29. get rich or die tryin’
    50 Cent, Bankrupt, Still Posts Pictures of MoneyHe wrote B-R-O-K-E in stacks of $100 bills.
  30. Did Wall Street Buy This Vote From Clinton?In a 2004 interview, Elizabeth Warren suggested that the financial industry influenced Clinton’s flip-flop on bankruptcy reform.
  31. bankruptcy
    50 Cent in Court: ‘I’m Not As Cool As I Was Last Week’Less money, mo’ problems.
  32. Groceries
    Iconic Grocery Chain A&P Is Bankrupt (Again)The troubled company last filed for Chapter 11 protection just five years ago.
  33. bankruptcy
    I Don’t Get Money: 50 Cent Has Filed for BankruptcyIt appears 50 Cent no longer gets money.
  34. let’s go to the mall
    Where Will We Buy Our Affordable Crotchless Panties Now? Another great mall brand closes its trashy doors.
  35. Bankruptcy
    Sandwich Import 100 Montaditos Is Actually BankruptThe chain has canceled plans to open 29 more locations in New York.
  36. moving on up
    Detroit to Finally Get Out of BankruptcyThe emergency manager is also stepping down.
  37. Bakruptcy
    Pink Elephant Files for Bankruptcy“The neighborhood is evolving. It was just too soon to put Pink Elephant there.”
  38. The Chain Gang
    Quizno’s Files for Chapter 11 BankruptcyIs the oven-toasted-sandwich chain toast?
  39. Pizzanomics
    Sbarro’s Bankruptcy Is All About the Sad State of the Food CourtThat old pepperoni slice isn’t cutting it anymore.
  40. Bread
    Moonstruck-Famous Cammareri Bros. Bakery Files for BankruptcyHopefully the bakery can snap out of it.
  41. Bean Counters
    Patrick Dempsey Severs Ties to Coffee Chain He Brought Back to LifeIt just wasn’t meant to be.
  42. death and taxes
    16 Women on How They’re Dealing With DebtIn honor of (or in spite of) tax day.
  43. Casino Boogie
    Revel’s Bankruptcy Strategy: Cheap Restaurants and No More Smoking BanWhen faced with bankruptcy, the troubled casino adopts a smoke-’em-if-you-got-’em policy.
  44. Down the Shore
    Revel’s New HQ Beach Club Will Make You Forget That It’s Part of aFinally, some good news for Atlantic City.
  45. Bankruptcy
    Entertainment Book Files For BankruptcyOnce-ubiquitous coupon book fundraiser will be no more.
  46. Bankruptcy
    Revel Lets It All Ride on BankruptcyMounting money problems and dwindling revenues have forced the troubled casino’s hand.
  47. print is dead
    Reader’s Digest Files For Bankruptcy (Again)It needs to shed nearly half a billion dollars in debt.
  48. McDreamy
    Patrick Dempsey Buys Tully’s Coffee Chain for $9 MillionPick me, choose me, love me.
  49. Heroes
    McDreamy Attempts to Save Coffee CompanyPatrick Dempsey is fighting to rescue Tully’s.
  50. comebacks
    Betsey Johnson Plots Comeback, Reality Show“I stick to my guns, my sheaths and my sexpots.”
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