bankruptcy Archives - Marketplace

What's with all the retail store closings?

by Kristin Schwab

Dec 16, 2024

Closures and bankruptcy filings have ticked up this year despite relatively steady consumer spending.

The Container Store is preparing to file for bankruptcy, making it one of nearly 50 U.S. retailers to do so this year.

Kevin C. Cox/Getty Images

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A brief history of airline bankruptcies

by Henry Epp

Nov 21, 2024

Spirit Airlines is in good company. While some airlines have recovered, others have shuttered or merged with other carriers.

Spirit Airlines filed for bankruptcy protection on Monday, joining many other airlines that have done the same over the years.

Charly Triballeau/AFP via Getty Images

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All you can eat: The tumultuous history of America’s favorite restaurant deal

by Stacey Vanek Smith

Jun 14, 2024

Endless shrimp, endless breadsticks, endless salad bar — they've nearly killed a lot of restaurants. So why do they keep coming back?

Red Lobster has shuttered more than 80 locations and laid off hundreds of workers, but all-you-can-eat shrimp? Still going.

Brandon Bell/Getty Images

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The case for reining in the perks of corporate bankruptcy

by Sabri Ben-Achour and Alex Schroeder

Jun 11, 2024

Melissa Jacoby's new book argues that Chapter 11 has become a catch-all for corporations to get out of troubles beyond their debts.

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As Red Lobster files for bankruptcy, changing tastes take a toll on its casual-dining competitors

by Daniel Ackerman

May 20, 2024

The sector hasn't really recovered from the pandemic closures of their dining rooms, when "they lost their core business model."

Justin Sullivan/Getty Images

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Health and Wealth

Women pay more than men for health care. That's leading some of them to declare bankruptcy.

by Nancy Marshall-Genzer

Apr 8, 2024

Even when pregnancy-related costs are stripped out, women still pay more than men.

Female employees spend about $266 a year more out-of-pocket for health care than their male colleagues, a Deloitte study finds.

Joe Raedle/Getty Images

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WeWork could declare bankruptcy anytime, but how is it still around?

by Meghan McCarty Carino

Nov 1, 2023

The company has risen and fallen on its stylish co-working spaces, larger-than-life founder and ability to rake in — and spend — investors' cash.

WeWork’s business model has always been shaky, says professor Erik Gordon at the University of Michigan.

Justin Sullivan/Getty Images

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What might happen to all that retail space Bed Bath & Beyond may soon abandon?

by Matt Levin

Apr 24, 2023

There may be more demand for the suburban real estate than there was for sheets and towels.

Bed Bath & Beyond is slated to begin shuttering nearly 360 storefronts across the country, and some landlords may use the opportunity to raise storefront rents.

Scott Olson/Getty Images

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What's the best way to navigate personal bankruptcy?

by Blake Farmer

Dec 27, 2021

For people pushed to the edge financially, bankruptcy can be an option. One nonprofit is trying to make the choice easier and less expensive.

Bankruptcy can be a lifeline for some, but it's still out of reach for many who can’t afford the roughly $1,500 it takes to hire an attorney and pay for court fees.

FuzzMartin via Getty Images

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"Enron: The Smartest Guys in the Room"

The Enron scandal: 20 years later, what’s changed?

by David Brancaccio and Rose Conlon

Sep 23, 2021

Very little, according to Bethany McLean, the first financial reporter to ask questions about Enron's accounting practices.

Former Enron CEO and Chairman Kenneth Lay is sworn in before the Senate Committee on Commerce, Science and Transportation in 2002.

Stephen Jaffe/AFP/Getty Images

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Bankruptcy

What's with all the retail store closings?

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A brief history of airline bankruptcies

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All you can eat: The tumultuous history of America’s favorite restaurant deal

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The case for reining in the perks of corporate bankruptcy

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As Red Lobster files for bankruptcy, changing tastes take a toll on its casual-dining competitors

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Women pay more than men for health care. That's leading some of them to declare bankruptcy.

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WeWork could declare bankruptcy anytime, but how is it still around?

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What might happen to all that retail space Bed Bath & Beyond may soon abandon?

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What's the best way to navigate personal bankruptcy?

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The Enron scandal: 20 years later, what’s changed?

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