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The chain filed for its second bankruptcy and liquidation on August 7, 2019, [13] closing the remaining 54 stores [14] with plans to auction its intellectual property. [15] ALDO filed for bankruptcy on May 7, 2020, citing repercussions related to the COVID-19 pandemic as to why. [16] The shoe chain emerged from bankruptcy two years later. [17]
In November 2024, TGI Friday announced it was also filing for Chapter 11 bankruptcy protection, citing the COVID-19 pandemic among its business challenges. "This restructuring will allow our go ...
Bankruptcies accelerated from March 2020 as a result of the COVID-19 recession and Inflation The retail apocalypse refers to the closing of numerous brick-and-mortar retail stores in the United States, especially those of large chains, beginning around 2010 [ 2 ] [ 3 ] and accelerating due to the mandatory closures during the COVID-19 pandemic .
The long struggling department store JCPenney filed for bankruptcy on Friday, becoming the third major retailer following J.Crew and Neiman Marcus to restructure its debt as the coronavirus ...
BuzzFeed News was a finalist for the 2018 Goldsmith Prize for Investigative Reporting. [73] In 2021, BuzzFeed News won the Pulitzer Prize for International Reporting for its coverage of the Xinjiang internment camps as a part of China's campaign against the Muslim Uyghurs. [74] [75] BuzzFeed News was a member of the White House press corps. [76]
BuzzFeed Unsolved (also known as simply Unsolved) is a documentary entertainment web series created by Ryan Bergara for BuzzFeed that ran from February 4, 2016, to November 19, 2021. It first appeared on the YouTube channel BuzzFeed Blue and was later given its own flagship channel BuzzFeed Unsolved Network .
Luxury retailer Neiman Marcus filed for bankruptcy on Thursday, becoming the first major department store chain to seek Chapter 11 protection because of the coronavirus pandemic. “Prior to COVID ...
The bankruptcy only impacts the 39 U.S. company-owned TGI Fridays locations, leaving the bulk of the brand—over 460 franchised locations in 41 countries—open and unaffected.