Red Lobster seeks a buyer as it looks to avoid bankruptcy filing: Beleaguered seafood chain Red Lobster is looking for a buyer to avoid filing for bankruptcy as it contends with slower sales and costly leases.
Joann to exit bankruptcy ‘in the coming days’ as reorganization plan gets court OK | Retail Dive: The craft retailer expects to cut $505 million in debt and emerge from bankruptcy as a privately held company.
Ted Baker’s North American Arm Follows U.K. Business Into Bankruptcy - WSJ: The operators of Ted Baker clothing stores in Canada and the U.S. filed for insolvency proceedings on Wednesday, saying the operating partners of Authentic Brands Group failed to pay the brand’s suppliers
Regulators Seize Troubled Philadelphia Bank, Republic First - WSJ: Regulators seized the troubled Philadelphia bank Republic First Bancorp FRBK -60.00%decrease; red down pointing triangle and sold it to fellow regional lender Fulton Financial FULT 0.39%increase; green up pointing triangle, the fourth high-profile bank failure since last spring
Cannabis Retailer MedMen Files For Bankruptcy In Canada - Law360: American cannabis retailer MedMen Enterprises Inc. said Friday that it had filed for bankruptcy in Canada, citing CA$561.5 million ($410.4 million) of liabilities months after the company's stock plunged and executives departed despite having sold off assets to raise money.
Adam Neumann, Rebuffed by WeWork, Asks Bankruptcy Court to Block Lender Plan - WSJ: Adam Neumann asked a bankruptcy court not to advance WeWork’s proposal to turn its business over to its top lenders after it rejected his attempts to retake control of the co-working company he co-founded
New Monticello mayor says village may be headed toward bankruptcy - Mid Hudson News: Prior mismanagement of village finances may force Monticello to file for bankruptcy, according to its new mayor, Rochelle Massey
New wave of e-commerce disruption may close 45,000 retail stores in next 5 years - MarketWatch: UBS analysts suggest that e-commerce isn’t done upending brick-and-mortar retail just yet
