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Kohl's will shut down 27 underperforming stores in 2025 as part of its strategy to remain competitive amidst shifting retail trends.
Learn how to potentially dismiss credit card debt lawsuits and understand the complexities of settlement offers to regain financial stability.
Former billionaire and new West Virginia senator Jim Justice is now facing significant financial troubles with over $1 billion in debt.
Joann Fabrics announces the closure of six stores following its bankruptcy filing as it faces ongoing financial difficulties.
Northvolt secures shareholder backing to continue operations after filing for bankruptcy protection to restructure its $5.8 billion debt.
Ligado Networks files for bankruptcy to restructure $7.8 billion debt after blocked 5G expansion plans due to military concerns.
Party City employees cut short their trip to China as the retailer heads towards bankruptcy, feeling abandoned and fearful amid ongoing financial struggles.
Big Lots secures bankruptcy judge approval for a sale, saving 200-400 stores and preserving thousands of jobs amidst financial struggles.
Big Lots has reached a deal that could keep up to 400 stores open, preserving thousands of jobs amid bankruptcy proceedings.
Chicago faces a fiscal crisis with a $982 million deficit and soaring debts, prompting calls for urgent financial reform from city leaders.
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