Unfortunately, bankruptcy fit Christopher & Banks Corporation perfectly, as the women's apparel retailer was walloped by the economic downturn brought on by COVID-19.
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.
Being one of the first major retailers derailed by COVID-19? Hardly fashionable. How did it all go wrong for J.Crew?
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.
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.
The end credits could roll on Cineworld Group, the parent company of several large movie theater chains including Regal Entertainment Group. Will COVID-19 ultimately annihilate the industry?