Bankruptcy

After hoping for a miracle to save it from their financial woes, a national retailer is closing its doors.

2019 proved to be such an unsuccessful fiscal year for many retail chains, it sent some into downsizing their number of stores, and others into full bankruptcy.

Toys R Us may be filing for bankruptcy sooner rather than later, with some reports saying it could even come as early as this week

Several news outlets are reporting today that Trump Entertainment has filed for bankruptcy and the Taj Mahal could close as soon as November.

There's been a lot of media coverage about Revel and their upcoming pre-packaged Chapter 11 Bankruptcy filing. Most of the coverage has been hyper negative.

FoxBusiness / February 12, 2013 -- Less than a year after the $2.4 billion resort opened its doors to guests, Atlantic City’s Revel resort is reportedly exploring a prepackaged bankruptcy amid gloomy tumbling revenues.