Retail Bankruptcy Numbers Continuing to Rise

Retail Bankruptcy Numbers Continuing to Rise

As of June 13, more than 300 retailers have filed for bankruptcy this year. The year is less than half over, but the number of bankruptcies is set to become the highest since the Great Recession. Among the casualties thus far: Gymboree, rue21, Payless ShoeSource,...
Sports Authority May be Closing Shop

Sports Authority May be Closing Shop

The sporting goods retailer filed for Chapter 11 Bankruptcy back in March with plans to close 140 stores and two distribution centers. They would keep the rest of their stores open while working on restructuring and reorganizing the brand as a whole. Plans fell...
Rapper 50 Cent Files for Bankruptcy

Rapper 50 Cent Files for Bankruptcy

This week rapper 50 Cent (birth name Curtis Jackson) filed for Chapter 11 bankruptcy protection, just days after a court ordered him to pay $5 million dollars to Lastonia Leviston, the woman who accused him of posting a sex tape (featuring her and an ex-boyfriend)...