All Posts in #Bankruptcy
Bankruptcies Allow Businesses to ‘Move Forward’
Shelley Kohan, adjunct faculty member in the Whitman School, was quoted in the Columbus Dispatch story “Polaris mall owner Washington Prime Group files bankruptcy.” Kohan, a professor of retail, noted, “Keep in mind that bankruptcies allow businesses the opportunity to…
“Can JC Penny Perform a Magic Act As It Emerges From Bankruptcy?”
Ray Wimer, professor of retail practice in the Whitman School, was interviewed for the International Business Times piece “Can JC Penny Perform a Magic Act As It Emerges From Bankruptcy?” Wimer, an expert on the retail industry, says that the…
“What the sale of Shoppingtown Mall means for everyone involved.”
Gregory Germain, professor in the College of Law, was interviewed for the CNY Central story “What the sale of Shoppingtown Mall means for everyone involved.” Germain, who also serves as director of the bankruptcy clinic, says he is concerned Onondaga…
Sears Is Safe For Now, But Is It Viable Into the Future?
Today a judge granted the sale of Sears’ assets to the company’s biggest shareholder and company chairman, Eddie Lampert. The move will keep 425 stores open and save 45,000 jobs. Ray Wimer is an assistant professor of retail practice at…
With Lack of Investment In New Private Label Brands – Sears Is Done
Sears could only be a few days away from filing bankruptcy, according to recent reports. The parent company, Sears Holdings, faces an October 15 deadline to pay $134 million on its debt. Ray Wimer is an assistant professor of retail…
After Bankruptcy, What is Next for Tops?
What’s next for the Tops grocery chain after filing for bankruptcy last week? Whitman Assistant Professor of Supply Chain Management Patrick Penfield said there is a possibility that some will no appear on the shelves, but that the biggest issue…
Toys-R-Us Holiday Sale Starts to Stave off Bankruptcy
Recovering after filing for bankruptcy in September, Toys-R-Us stores around the country are already prepping for holiday sales season, which will begin a month before Black Friday. Whitman Professor of Retail Practice Amanda Nicholson spoke with CNY Central about this…