Retailer Tuesday Morning files for bankruptcy, to shut 230 stores

Retailer Tuesday Morning files for bankruptcy, to shut 230 stores

Tuesday Morning at the Sunset Esplanade in Hillsboro, Oregon. M.O. Stevens | Wikipedia CC Home goods retailer Tuesday Morning filed for Chapter 11 bankruptcy protection on Wednesday morning and plans to shut a third of its nearly 700 stores.  The Dallas-based company...
JC Penney makes $17 million interest payment as it explores bankruptcy

JC Penney makes $17 million interest payment as it explores bankruptcy

An empty parking lot is seen outside a closed JC Penney Co. store in Mt. Juliet, Tennessee, U.S., on Thursday, April 16, 2020. Luke Sharrett | Bloomberg | Getty Images J.C. Penney said Friday that it has made the approximately $17 million interest payment that was due...