Retailer Implode

10/08/2024

Florida Judge Body Slams MV Realty By Calling Their 40-year Contracts With Senior Citizens "Unconscionable"

Florida Judge Body Slams MV Realty By Calling Their 40-year Contracts With Senior Citizens "Unconscionable"

10/08/2024

https://mfi-miami.com/2024/10/crypto-platforms-go-bust/

What Happens To My Investment If My Crypto Platform Goes Bust? Investors Are Using Decentralized Wallets To Avoid Losing Everything

05/03/2024

👍🏼 That’s going to hurt mall… The struggling teen-centric retailer, which is nearly $195 million in debt, filed for bankruptcy in Delaware Thursday, according to Reuters. The company reportedly employs nearly 5,000 people and operates in 45 states.

Clothing company Rue21 has filed for Chapter 11 bankruptcy for the third time in 21 years. The retailer plans to hold going-out-of-business sales for the next four to six weeks.

02/22/2024

🎙️💩📻 With SiriusXM Radio, it’s NOT a good time to own a radio station.

The Philadelphia-based company owns hundreds of radio stations and is one of the top radio broadcasters in the U.S.

02/21/2024

Nike Inc. has begun staff layoffs under a cost-cutting measure it announced in December aimed at trimming about $2 billion over a three-year period.

Nike is laying off around 1,600 workers under the company’s Save to Invest cost-cutting plan, revealed in late December.

02/21/2024

BANKRUPTCY HIT LIST 2024

While off to a slower start than 2023, filings are expected to continue in the industry, especially among many direct-to-consumer brands.

03/06/2023

It’s about to become more difficult to get helium balloons. Now that Party City has filed for bankruptcy.

SEVERAL businesses have already filed for bankruptcy in 2023, which typically means more stores will be closing. Soaring inflation has pushed beauty, restaurants, and other retail stores to close t…

03/06/2023

Are retail malls a thing of the past?

Both entities have been in the midst of severe financial challenges. This article is based on corporate postings and accredited media reports. Linked information within this article is attributed to the following outlets:BusinessInsider.com and RCBizJournal.com.

03/06/2023

Here’s a little Monday morning retail news

Tuesday Morning, the discount home goods retailer, filed for Chapter 11 bankruptcy protection Tuesday, its second bankruptcy in three years.

07/20/2022

BIG SHAKE-UP ON SHAKE-DOWN STREET

Major leadership changes have become more frequent as the retail sector stares down a more challenging backdrop.

11/08/2021

A regularly updated roundup of closed restaurants in New York City

09/21/2021

Sad to see these stores closing. 😢🎈

Disney Store locations are closing across the country but about 24 stores will remain after liquidation sales end in September.