3 ms·
This is a chapter 11 bankruptcy, which usually brings about debt restructuring and some store closings. I would hope most of the stores will remain and the emp
by mark-r 6y ago
This is a chapter 11 bankruptcy, which usually brings about debt restructuring and some store closings. I would hope most of the stores will remain and the employees will continue as if nothing happened.
- tssva 6y agoAccording to the article they reached debt restructuring and recapitalization deals with their lenders before even filing. The bankruptcy proceedings should be short and they should come out mostly intact.