Paper Source ordered a ton of stationery from hundreds of independent designers—then it filed for bankruptcy Designers say the announcement came on the heels of an unprecedented uptick in wholesale orders by the company with expedited delivery deadlines. Now they fear they will never get paid. Natalie Wallington 3.10.21 8:50 PM
Ruby Tuesday files for bankruptcy- here are the fast-casual chains that will benefit Ruby Tuesday failed to adapt to changing consumer habits and values— the COVID-induced economic crisis was just the nail in the coffin. Julia Gray 10.7.20 8:30 PM
Century 21 is closing for good, a blow to NYC shoppers and landlords After declaring bankruptcy, Century 21 will not be making it far into the 21st century. Jael Goldfine 9.15.20 4:45 PM
Owner of New York Sports Clubs and hundreds of other gyms files for bankruptcy By the end of March as states imposed gym shutdowns, Town Sports temporarily closed all of its nearly 200 locations. The company had to lay off much of its 7,000-person workforce and stopped paying rent on some locations. Gianna Prudente 9.15.20 3:30 PM
Dunkin' slashes job listings by 76% amid store closures Dunkin' confirmed it will be closing 800 locations by the end of 2020, shedding some of its less popular locations but still counting thousands of stores around the world. Julia Gray 8.28.20 2:30 PM
Regus puts part of its portfolio in bankruptcy as urban office market struggles Work-from-home policies are hurting companies that provide tenants with short-term office leases. RGN-Group Holdings’ decision to file for Chapter 11 suggests the damage might be worse than anticipated. Elana Dure 8.21.20 2:00 PM