$PIRRQ News

Last published 6y ago

6y agoPIRRQ EBAY COST BBY+3Amazon Wins Loyal Walmart Shoppers as Americans Stampede OnlineBloombergThe e-commerce giant’s marketplace is also becoming a place where mall-starved shoppers go to window shop.
6y agoPIRRQ INTEQ HTZ LEHMQ+2Delaware Is Losing Its Luster as the Best Place to Go BrokeBloombergFor decades, when the biggest names in corporate America went bust, they ran to one of two courthouses for protection. The historic Alexander Hamilton U.S. Custom House in lower Manhattan, or an unassuming office building with only a number for a name in Wilmington, Delaware.
6y agoPIRRQ NMG NCLH VRMLVMH-Backed Fund Sees More U.S. Job Growth Coming in JuneBloombergL Catterton, a private equity firm backed by LVMH that has investments ranging from retail to cruise lines and restaurants, says the jaw-dropping employment growth in the U.S. last month was no fluke, and it expects more gains in June.
6y agoPIRRQPier 1’s ‘Awful Day’ Arrives With Judge Approving LiquidationBloombergThe end is near for Pier 1 Imports Inc.
6y agoSSINQ W PIRRQPier 1 Shows Bankruptcy in a Pandemic Means Gone for GoodBloombergBankruptcy is supposed to give damaged companies a breathing spell to reduce debt and restructure. As Pier 1 Imports Inc. acknowledged this week, heading to the courthouse in the current environment may mean just out of business.
6y agoW PIRRQPier 1 to Wind Down Operations as Virus Hurts Search for BuyerBloombergPier 1 Imports Inc. said it would seek bankruptcy court approval to wind down its retail operations after the coronavirus pandemic made it difficult for the U.S. retailer to find a buyer.
6y agoPIRRQPier 1 Joins Retailers Citing Court Ruling to Skip RentBloombergRetailers have a new tool to use in the scuffle between landlords and tenants: a court ruling that could help them withhold rent.
6y agoPIRRQSocial Distancing May Put Liquidation Sales Out of BusinessBloombergHomebound shoppers may put going-out-of-business sales out of business for a while.
6y agoLAZ WLL FTR FELPQ+3Lifelines Fray for Companies That Were on Brink Before MeltdownBloombergAs credit markets around the world sputter and seize, distressed companies are watching financial lifelines that they were counting upon slip from their grasp.
6y agoEPEGQ AMRQQ DFODQ FELPQ+2Busted Companies Blame Virus for Pushing Them Into BankruptcyBloombergThe spreading coronavirus has already begun hurting the most vulnerable companies: those in bankruptcy or teetering on the edge.