Bankruptcy & Restructuring News Headlines for Wednesday Oct 18, 2023

Here's what we are reading this morning:

Volta Trucks Planning to File for Bankruptcy After Supply Chain Fails - Bloomberg: Sweden’s Volta Trucks AB is planning to file for bankruptcy following a breakdown in its supply chain, the company said.

As Coal Plants Shutter, a Chance to Redevelop ‘the Gates of Hell’ - The New York Times: Developers are combining new strategies with state and federal funds to turn decayed power plants once considered a blemish into potential assets for economic growth.

Retail sales rise solid 0.7% in September, reflecting US shoppers' resilience despite higher prices | AP News: Americans showed their steadfast resilience and kept spending in September even as they grappled with higher prices, interest rates and a host of other headwinds piling up.

Barnes & Noble Undergoes a Back-to-Basics Redesign - The New York Times: As the bookstore chain mounts a comeback, it’s breaking a cardinal rule of corporate branding and store design: consistency.

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