Casual dining chain TGI Fridays Inc. filed for Chapter 11 bankruptcy in Texas on Saturday with the company's executive chairman saying it still has not fully recovered from the COVID-19 pandemic. The ...

On Monday, the American Bankruptcy Institute (ABI) reported nearly steady movements in total and consumer filings for February, but experts fully anticipate significant changes coming as a result of ...

NEW YORK (WABC) -- Senate Majority Leader Mitch McConnell drew fire from the governors of New York and New Jersey when he took a hard line on coronaviru- stricken, cash-starved states by suggesting ...

NEW YORK -- The owner of J.Crew is filing for bankruptcy protection, the first major retailer to do so since the pandemic forced most stores in the United States to close. More retail bankruptcies are ...

True Religion has filed for its second Chapter 11 bankruptcy in three years, becoming the first major retail victim of the coronavirus pandemic, according to Forbes. The company said that store ...

The coronavirus pandemic isn’t just taking the life of individuals, it’s taking a swing at corporations as well. The five filers have a solid chance at emerging from exit Chapter 11 as stronger firms, ...

From iconic department stores to entertainment giants, the coronavirus has seemingly spared no one in its devastation of the U.S. economy. With bankruptcy currently hovering over household staple ...

Tailored Brands may have to file for bankruptcy if the COVID-19 crisis continues, according to a filing with the SEC. The retailer posted a sales drop of 60.4% during Q1 2020, and unlike many other ...

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 continues ...