Chapter 11
Fashion
RTW Retailwinds, Inc. voluntarily files Chapter 11 bankruptcy
RTW Retailwinds, Inc., an omnichannel specialty apparel retail platform for powerful celebrity and consumer brands, announced that it and its subsidiaries have filed voluntary petitions for relief under Chapter 11 of the Bankruptcy Code in the United States Bankruptcy...
International News
J.C. Penney to close 154 stores
J.C. Penney announced that it has taken the first step in implementing its store optimization strategy. Following a comprehensive evaluation of its retail footprint and a careful analysis of store performance and future strategic fit for the company, JCPenney...
International News
JCPenney receives court approval of ‘First Day’ motions to support business operations
J. C. Penney Company, Inc announced that it has received approvals from the U.S. Bankruptcy Court for the Southern District of Texas, in Corpus Christi, TX for the ‘First Day’ motions related to the company’s voluntary Chapter 11 petitions...
Fashion
Neiman Marcus files for Chapter 11 bankruptcy
Neiman Marcus Group LTD LLC announced that it has entered into a Restructuring Support Agreement with a significant majority of its creditors to undergo a financial restructuring, substantially reducing its debt load and interest payments and supporting continued operations during...
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Latest News
Reliance Retail joins hands with Department of Consumer Affairs
Celebrated annually on December 24, National Consumer Day underscores the significance of consumer rights in India’s economic landscape.New Delhi:...
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