Unfortunately, bankruptcy fit Christopher & Banks Corporation perfectly, as the women's apparel retailer was walloped by the economic downturn brought on by COVID-19.
Being one of the first major retailers derailed by COVID-19? Hardly fashionable. How did it all go wrong for J.Crew?
It's getting late for Tuesday Morning Corporation to get its act together financially. The off-price retailer is struggling to control debt, compounded by persistent losses in the aftermath of COVID-19 shutdowns.
One of Europe's leading tourism groups, TUI AG, has largely remained docked in 2020 and is trying to survive the COVID-19 pandemic.
Massive losses due to COVID-19 and the sale of its Canadian subsidiary indicates to CreditRiskMonitor subscribers that the fun may soon be over for Party City.
Highly leveraged Lucira Health, Inc., maker of at-home COVID-19 and flu tests, went bankrupt after pandemic restrictions universally eased and demand for company wares subsequently plummeted.
CreditRiskMonitor.com, Inc. (OTCQX: CRMZ) reported revenues of $19.8 million, an increase of approximately $878 thousand or 5%, for the year ended December 31, 2024, as compared to 2023.
Out of order: banking and retail solutions provider Diebold Nixdorf, Inc. is experiencing a cash crunch due to elevated costs related to the COVID-19 pandemic and the Russia/Ukraine conflict. Can the company avoid bankruptcy?
Scandinavian airliner SAS AB has been grounded by bankruptcy, toiling for many months on a tightrope due to massive debt and a global COVID-19 pandemic which cut deep into their revenue in recent years.