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bankruptcy

  • Mega-music retailer Guitar Center filing for Chapter 11 bankruptcy

    Mega-music retailer Guitar Center filing for Chapter 11 bankruptcy

    November 22, 2020 | 01:54pm

    Guitar Center, the nation's largest musical instrument retailer, is filing for bankruptcy, according to a report.
  • Wendy’s wants to buy nearly 400 of its restaurants out of bankruptcy

    Wendy’s wants to buy nearly 400 of its restaurants out of bankruptcy

    November 19, 2020 | 01:29pm

    Wendy’s disclosed Thursday it has submitted a bid to buy nearly 400 restaurants under its own name and operated by bankrupt franchisee NPC Quality Burgers. NPC filed for bankruptcy protection in
  • Regal Cinemas owner Cineworld eyes UK theater closures and rescue deal

    Regal Cinemas owner Cineworld eyes UK theater closures and rescue deal

    November 19, 2020 | 12:06pm

    Regal Cinemas owner Cineworld, the world’s second-largest movie theater operator, is considering a rescue deal that could spur permanent UK cinema closures. The deal, dubbed “Company
  • Nearly 300 US businesses that got COVID-19 aid through PPP have reportedly closed

    Nearly 300 US businesses that got COVID-19 aid through PPP have reportedly closed

    November 17, 2020 | 11:13am

    Nearly 300 American businesses have folded despite receiving hundreds of millions of dollars in federal loans meant to keep them afloat during the coronavirus pandemic, a new report says. Some 285
  • Revlon confirms it has reached a deal to avoid bankruptcy

    Revlon confirms it has reached a deal to avoid bankruptcy

    November 12, 2020 | 11:14am

    Revlon said Thursday it has closed a debt-exchange with creditors including billionaire Carl Icahn that will save the company from bankruptcy. Confirming an exclusive Wednesday report by The Post, the
  • Revlon reaches deal with Carl Icahn to avoid bankruptcy

    Revlon reaches deal with Carl Icahn to avoid bankruptcy

    November 11, 2020 | 11:53am

    Revlon’s embattled chairman Ron Perelman has reached a deal with corporate raider Carl Icahn to keep the cosmetics giant out of bankruptcy, The Post has learned. The terms of the deal
  • JCPenney set to emerge from bankruptcy after court approval

    JCPenney set to emerge from bankruptcy after court approval

    November 10, 2020 | 03:11pm

    J.C. Penney is on course to emerge from bankruptcy by Thanksgiving, after a US bankruptcy court approved the sale of the ailing 118-year-old retailer to its two largest landlords and its primary
  • Struggling AMC chain launches private theater rentals program

    Struggling AMC chain launches private theater rentals program

    November 10, 2020 | 12:22pm

    AMC, the world’s largest movie theater chain, is making its cinemas available for private screenings in a bid to shore up attendance amid the pandemic. A new package deal will let parties as
  • AMC quarterly loss grows to $900M amid pandemic

    AMC quarterly loss grows to $900M amid pandemic

    November 02, 2020 | 06:41pm

    AMC Entertainment’s third-quarter loss widened to more than $900 million as it to get pummeled by the economic fallout from the coronavirus. The nation’s largest movie theater chain, which
  • Friendly’s restaurant chain files for bankruptcy amid COVID-19 crunch

    Friendly’s restaurant chain files for bankruptcy amid COVID-19 crunch

    November 02, 2020 | 10:44am

    Friendly's, the iconic East Coast restaurant chain famous for its ice cream, has filed for bankruptcy after the coronavirus pandemic upended its turnaround plans.
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