Thousands of retail stores to shutdown this year; Amazon’s Whole Foods increases grocery prices citing inflation; U.S. retail sales record worst drop since 2009.
Hurricane Michael is forecast to make landfall as a strengthening Category 4; Sears may go bankrupt; retailers struggle to fill the hole left by Toys R Us; Cowen is bullish on Canadian Pacific; Seoul continues ploughing money into HMM to cover operations.
The closing of Toys ‘R’ Us is the latest sign of e-commerce’s dominance, and the absence of specialty stores may accelerate the move to online channels
When one of your customers files for bankruptcy, do you know what to do? Taking the right the steps immediately can help ensure you will receive the money you are owed.
The first two weeks in after a bankruptcy filing of a customer are critical to ensuring you get paid. Trucking companies, especially smaller carriers and owner-operators, are often at the end of that line – the so-called unsecured creditors. But it doesn’t have to be that way.
When a major retailer such as Toys “R” Us files for bankruptcy, a long line of creditors comes knocking. Trucking companies, especially smaller carriers and owner-operators, are often at the end of that line – the so-called unsecured creditors. But it doesn’t have to be that way.
