Retail Distress In The 2015 Buying Season

Law360, New York (June 25, 2015, 11:07 AM EDT) -- The ongoing ramp-up to the 2015 holiday season includes a seeming record number of retail and mall closures and bankruptcies. This should put retailers, their vendors, suppliers and landlords on alert. Several retail icons have sought or considered bankruptcy protection. Some retail debtors have emerged from bankruptcy as healthier, more prosperous businesses, leaving behind obsolete operations, locations and debts. Others have sold assets or operations, sometimes getting top dollar for what was sold. Some financially troubled retailers have restructured their debts and operations or shut down, without filing for bankruptcy....

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