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Bankruptcy Update: Ruby Tuesday Files Chapter 11 While Progress Slows For JCPenney
Sunday, October 11, 2020 - 10:06pm | 1333The list of bankruptcies this year continues to grow. Casual food chain Ruby Tuesday filed for Chapter 11 protection on Wednesday. The Tennessee-based company became just the latest in a string of major brands to file for bankruptcy in 2020 — a year where virtually every...
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Century 21, J.C. Penney And J. Crew Are Just 3 Retailers On A Long List Of 2020 Bankruptcies
Sunday, September 13, 2020 - 12:00pm | 1170Century 21 Department Stores LLC grabbed headlines last week when it confirmed plans to close all 13 of its stores and liquidate assets as part of a chapter 11 process. In doing so, the New York-based company became just the latest in a string of major retailers to file for bankruptcy in 2020...
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Gadfly's Banjo: Kate Spade Shouldn't Sell Itself
Thursday, December 29, 2016 - 2:42pm | 453Shares of Kate Spade & Co (NYSE: KATE) soared higher on Wednesday after the designer and marketer of high-end accessories and apparel was said to be exploring strategic alternatives, including a sale of itself. On Thursday, a Bloomberg report suggested that the company will begin the sales...
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Lion Capital Presses American Apparel To Explore Strategic Options
Monday, December 29, 2014 - 9:58am | 214Lion Capital, the hedge fund that formerly backed American Apparel Inc (NYSE: APP) continues to urge the company to consider its strategic alternatives, including a sale of itself, according to The Wall Street Journal. WSJ stated that the company received a letter from Lion Capital, a key investor...