Department store chain Belk to file for Chapter 11 bankruptcy, private equity firm Sycamore to retain control

by Raphael Stevens 26 January 2021, 21:40 199 Views

The department store chain Belk announced it plans to file for Chapter 11 bankruptcy, marking the latest mall-based retailer to do so during the Covid pandemic.

Source: Business - cnbc.com

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Department store chain Belk to file for Chapter 11 bankruptcy, private equity firm Sycamore to retain control

Pragmatism: The true key to unlocking crypto mass adoption

America's top-tier malls were resilient, but values are now crumbling, down 45% from 2016 levels, Green Street says

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