Displaying all articles tagged:
Bankruptcy
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.”
What Killed WeWork? In retrospect, it’s surprising that it took this long.
By Reeves Wiedeman
getting around
Aug. 31, 2023
VanMoofers After the Bankruptcy Will the Dutch e-bike’s acquisition by a new company be enough to restore riders’ faith?
By Clio Chang
the money game
July 12, 2023
Shane Smith Has a Secret Multimillion-Dollar Vice Deal The co-founder’s quiet current role as Vice’s big dealmaker means he is unlikely to leave anytime soon.
By Kevin T. Dugan
brick & mortar
Apr. 27, 2023
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.
By Clio Chang
The Williamsburg Hotel’s Drawn-Out, Chaotic Bankruptcy Process “I do have some concern that he’ll do something really stupid here.”
By Clio Chang
Oh No, Not Muji Too?! The Japanese retailer just filed for bankruptcy in the U.S., but it sounds like it will be okay.
By Emilia Petrarca
performing arts
June 29, 2020
Cirque du Soleil Files for Bankruptcy Protection, Lays Off 3,500 Employees The Montreal-based theater company’s shows have been dark since mid-March.
By Halle Kiefer
What Does J. Crew’s Bankruptcy Mean for Madewell? Madewell thrived while J. Crew wilted. Will they go down together?
By Emilia Petrarca
coronavirus stimulus
Apr. 22, 2020
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.
By Ed Kilgore
coronavirus
Apr. 10, 2020
By Chris Crowley
grocery wars
Apr. 1, 2020
Dean & DeLuca Has Filed for Bankruptcy Protection The former gourmet grocer owes creditors nearly $275 million.
By Nikita Richardson
grocery wars
Mar. 23, 2020
Amazon Is Looking To Purchase 4 Fairway Stores The Seattle–based tech giant is eyeing two locations in New Jersey, one in Westchester, and a location in Red Hook, Brooklyn.
By Nikita Richardson
Ample Hills Creamery Has Filed for Bankruptcy The Brooklyn-born ice-cream chain is looking to restructure its debt.
By Nikita Richardson
It Was Sears’s Time to Go The retailer completed the circle of corporate life: it made lots of money for a long time, then competitors with different skills took its place.
By Josh Barro
end of an era
July 26, 2018
The Necco Factory Has Closed Amid Mysterious Circumstances Approximately 230 people are now out of a job after learning that the company was sold to another buyer just months after being saved.
By Nikita Richardson
the weinstein company
July 12, 2018
Bob Weinstein to Step Down From the Weinstein Company Board Following the completion of TWC’s bankruptcy sale to Lantern Capital Partners.
By Halle Kiefer
the weinstein company
May 2, 2018
The Weinstein Company Declares Buyer in Bankruptcy Sale Lantern Capital Partners offered $310 million. A judge still needs to sign off on the deal.
By Tolly Wright
the weinstein company
Mar. 19, 2018
The Weinstein Company Files for Bankruptcy TWC has also released its employees from their nondisclosure agreements per negotiations with New York attorney general Eric Schneiderman.
By Halle Kiefer
the weinstein company
Feb. 26, 2018
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.”
By Halle Kiefer
the chain gang
Sept. 29, 2016
By Chris Crowley
Fairway Market Officially Files for Bankruptcy The company says all of its stores will stay open for the time being.
By Chris Crowley
international intrigue
Mar. 30, 2016
Draft of Puerto Rico Rescue Bill Released; No One Likes It The plan to fix Puerto Rico’s $70 billion debt isn’t going so well.
By Claire Landsbaum
Horrible Bosses
Mar. 8, 2016
Buffet Chain Fires Hundreds With No Warning “I came and there was a sign on the door that says we’re closed permanently.”
By Clint Rainey
get rich or die tryin’
Feb. 20, 2016
By Greg Cwik
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.
By Eric Levitz
Iconic Grocery Chain A&P Is Bankrupt (Again) The troubled company last filed for Chapter 11 protection just five years ago.
By Alan Sytsma
let’s go to the mall
Apr. 20, 2015
By Allison P. Davis
Sandwich Import 100 Montaditos Is Actually Bankrupt The chain has canceled plans to open 29 more locations in New York.
By Sierra Tishgart
moving on up
Dec. 10, 2014
Detroit to Finally Get Out of Bankruptcy The emergency manager is also stepping down.
By Jen Kirby
Pink Elephant Files for Bankruptcy “The neighborhood is evolving. It was just too soon to put Pink Elephant there.”
By Hugh Merwin
The Chain Gang
Mar. 14, 2014
Quizno’s Files for Chapter 11 Bankruptcy Is the oven-toasted-sandwich chain toast?
By Hugh Merwin
Pizzanomics
Mar. 13, 2014
By Hugh Merwin
Bean Counters
Aug. 28, 2013
By Hugh Merwin
death and taxes
Apr. 15, 2013
By Meaghan Winter
Casino Boogie
Mar. 22, 2013
Revel’s Bankruptcy Strategy: Cheap Restaurants and No More Smoking Ban When faced with bankruptcy, the troubled casino adopts a smoke-’em-if-you-got-’em policy.
By Collin Keefe
Down the Shore
Mar. 14, 2013
By Collin Keefe
Entertainment Book Files For Bankruptcy Once-ubiquitous coupon book fundraiser will be no more.
By Michael Gebert
Revel Lets It All Ride on Bankruptcy Mounting money problems and dwindling revenues have forced the troubled casino’s hand.
By Collin Keefe
print is dead
Feb. 18, 2013
Reader’s Digest Files For Bankruptcy (Again)It needs to shed nearly half a billion dollars in debt.
By Adam Martin
McDreamy Attempts to Save Coffee Company Patrick Dempsey is fighting to rescue Tully’s.
By Sierra Tishgart
Betsey Johnson Plots Comeback, Reality Show “I stick to my guns, my sheaths and my sexpots.”
By Charlotte Cowles
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