Representatives of JC Penney said they plan to close almost 29% of stores - or 242 outlets - as part of their bankruptcy, USA Today writes. Days after filing for bankruptcy, JC Penney officials said they planned to close more...
One in six Americans has an unpaid medical bill on their credit report. The total is $ 81 billion. In 2018, about 12 in XNUMX Americans did not have health insurance. But even those who have it are not protected from the huge ...
California-based retailer Forever 21, which helped popularize fast fashion in the United States, said it is filing for bankruptcy and closing hundreds of stores around the world. The reason is the expansion of shopping centers and the changing tastes of young consumers. The privately held family-owned company said it would stop...
The bankruptcy filing rate in the United States is on the rise, indicating that more Americans are mired in debt, especially in major cities such as New York. While the total number of bankruptcy filings nationwide by consumers and businesses ...
Some of the most prominent US retailers have filed store closings or bankruptcy in recent months amid falling sales. The rise in the number and popularity of e-commerce stores such as Amazon made it difficult for traditional retailers to attract shoppers to stores and forced companies to change ...
Insolvency law is a set of federal laws to help you get out of debt and start from scratch. It is important to understand the advantages and disadvantages of declaring insolvency. The WikiHow resource helps you figure out when to declare bankruptcy, what types of bankruptcy are there and how ...
Don't be discouraged if your credit history falls below zero and you file for bankruptcy. If you take the right measures, then even a hopelessly spoiled situation can be corrected. ForumDaily talked in detail about how to get your first credit card and build a good credit history. But…
Icelandic low-cost carrier Wow Air has ceased operations and canceled flights, leaving the airline's passengers stuck in several countries around the world. The airline announced the closure in a statement posted on its website on March 28. Passengers were advised to book new flights on other ...
Experts say New York is close to full blown financial bankruptcy. For the first time in more than 40 years, such predictions have been made; in such a situation, New York was last ruled by Mayor Abraham Beam, who ruled the city from January 1, 1974 to December 31, 1977. ...
American retailers are going through hard times. Following a number of other prominent retailers, major retailer Lowe's announced the closure of 51 stores in the United States and Canada. Representatives of a chain of stores selling home improvement goods said on Monday that the stores will ...