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A cook at a senior center, Matthew Fentress is one of millions of Americans whose skimpy health insurance plans leave them vulnerable to huge out-of-pocket costs when they get sick.
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The restaurant chain, which first opened 62 years ago, says it wants to keep all of its locations open. There are more than 100 Sizzler restaurants in the U.S.
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The parent company Tailored Brands earlier said it would close up to 500 stores and cut 20% of corporate jobs. It's joined in pandemic bankruptcy by rival Brooks Brothers and a growing list of others.
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The company, which has been making guns in the U.S. since 1816, filed for Chapter 11 protection in federal court in Alabama as it seeks to restructure amid ongoing legal and financial challenges.
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Ascena Retail Group is the latest clothing seller to try a restructuring during the pandemic when demand has cratered. The firm, which also owns Lane Bryant and Justice, will close some stores.
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Three months after filing for bankruptcy, Pier 1 said it plans to liquidate as soon as it can reopen stores that have been closed because of the coronavirus pandemic.
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The luxury chain known for its extravagant Christmas Book catalog had been losing money before the pandemic. The move follows J.Crew's bankruptcy filing on Monday, foreboding potentially more to come.
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The clothing retailer's troubles predate the health crisis. Other stores, like J.C. Penney and Neiman Marcus, are also struggling to survive extended closures.
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The company, which operates 30 newsrooms in 14 states, announced a Chapter 11 restructuring. Saddled with debt and pension obligations, McClatchy said it will operate as normal during the process.
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The popular fashion retailer is the latest in a long list of brands to fall victim to online retailers and less foot traffic in malls. The company said it may close up to 178 U.S. stores.