Quotes from the news wire:
To me it always felt like a liquidation. This has been going on for years.
Found on CNN 2 years ago
I was surprised it wasn't liquidated already, history shows a [ second bankruptcy ] for a retailer almost always ends up in liquidation.
Found on CNN 3 years ago
JCPenney was in negotiations with lenders even before Covid. We didn't know if the company was going to run out of cash, there was a time during the bankruptcy process it appeared it was barreling towards liquidation. Now there is a plan in place.
Found on CNN 3 years ago
The brick-and-mortar business model is still very challenged, even before Covid there wasn't a lot of foot traffic. I don't know what the consumer or the mall is going to look like even after there's a vaccine.
Found on CNN 3 years ago
The lenders are working with advisers to assess the value of the property, historically, companies that file for bankruptcy without a plan in hand that has been agreed to by creditors end up liquidating.
Found on CNN 4 years ago
The company has had bankruptcy advisers for a couple of months now. It's exploring all of its options and it's not a 100 % that they're filing, but the odds are pretty high, there is not going to be as much demand given the work from home environment.
Found on CNN 4 years ago
This is the company that has the legs it needs to possibly turn things around, but consumers' tastes and demand are going to change. They're going to emerge from bankruptcy with a much smaller footprint.
Found on CNN 4 years ago
Quote of the Day Today's Quote | Archive
Would you like us to send you a FREE inspiring quote delivered to your inbox daily?
Citation
Use the citation below to add this author page to your bibliography:
Style:MLAChicagoAPA
"Reshmi Basu Quotes." Quotes.net. STANDS4 LLC, 2024. Web. 23 Nov. 2024. <https://www.quotes.net/authors/Reshmi+Basu+Quotes>.
Powered by CITE.ME
Share your thoughts on Reshmi Basu's quotes with the community:
Report Comment
We're doing our best to make sure our content is useful, accurate and safe.
If by any chance you spot an inappropriate comment while navigating through our website please use this form to let us know, and we'll take care of it shortly.
Attachment
You need to be logged in to favorite.
Log In