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Bankruptcy & Restructuring News Headlines for Tuesday Dec 8, 2020

December 08, 2020

Here's what we are reading this morning:

JCPenney’s Retail and Operating Assets to Exit Chapter 11

America needs more warehouses to handle record holiday returns: CBRE

Apparel retailer Francesca's plans to shut another 97 stores after filing for bankruptcy

Thanksgiving Weekend Retail Is Down 14%. Chances Of Hitting NRF’s Optimistic Holiday Forecast Fade.

National Restaurant Association Letter to Congressional Leadership: "We predict that as of today, 17% of restaurants—more than 110,000 establishments—are completely closed."

Uber, After Years of Trying, Is Handing Off Its Self-Driving Car Project - The New York Times

SBA Opposes Astria Bankruptcy Plan Over PPP Loans

The jobs report's most telling negative was the decrease in labor force participation - Axios

Survey: CEO confidence soars above pre-pandemic levels - Axios




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