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A filing showed that the borrower had notified the master servicer, Wells Fargo, of COVID-19 related hardships.
L Brands said Wednesday that it plans to close about 250 Victoria's Secret stores in the US and Canada in 2020.
Victoria's Secret has been one of the best-known and most talked-about brands in the country — increasingly, not in ways that it might hope for.
Victoria’s Secret will permanently close 250 stores in the US and Canada as the pandemic cripples its business
Victoria's Secret is among the retailers that have been hit hard by the coronavirus outbreak.
Nordstrom will permanently close three Jeffery boutique stores, in addition to the 16 full-line department stores that it plans to close.
J. Crew, Neiman Marcus, and JCPenney are among those that have filed for bankruptcy in the first half of 2020.
As retailers including J. Crew and Neiman Marcus file for bankruptcy, experts worry about skittish creditors and an overloaded bankruptcy court system...
J. Crew and Neiman Marcus have filed for bankruptcy. But the coronavirus pandemic means the process will be even more difficult than usual.
Steak n’ Shake permanently closes 51 restaurants, continuing the chain’s dangerous downward spiral toward bankruptcy
The burger chain hemorrhaged millions of dollars and "temporarily" closed over a hundred locations last year.
Simon Property Group owns around 200 malls in the US including King of Prussia, Woodbury Common, and Fashion Valley.
More than 2 million retail jobs disappeared in April, the latest in a series of bad news for the industry
It was a week of bad news for retail, with coronavirus-related bankruptcies beginning and some 2.1 million jobs lost.