Browsed by
Category: Chapter 7 bankruptcy attorney

Why Cache, a Women’s Apparel Retailer, Filed Chapter 11 Bankruptcy

Why Cache, a Women’s Apparel Retailer, Filed Chapter 11 Bankruptcy

Women’s apparel retailer Cache has announced it will be seeking bankruptcy protection through the Chapter 11 bankruptcy timeline — becoming the fifth U.S. retailer in a three-month span to seek help with filing bankruptcy. According to a February 4 Reuters article, Cache has faced several challenges in recent years, including dropping mall traffic, growing competition from more affordably-priced retailers, online shopping’s continued expansion and reduced teen spending on clothing. With the help of its Chapter 11 bankruptcy attorney, the New…

Read More Read More

RSS
Follow by Email
LinkedIn
Share