Entries tagged "FTI Consulting Inc."
It's no secret the retail sector resembles a bombed-out war zone currently. Companies from Midwestern apparel chain Harold's Stores Inc. to the parent of discount retailer National Wholesale Liquidators, NWL Holdings Inc., to electronics seller Tweeter Opco LLC have filed for bankruptcy protection in just the past few weeks. Giants such as Mervyn's Holdings LLC and Linens 'n Things parent Linens Holding Co. are liquidating after failing to attract buyers. Steve & Barrys LLC may liquidate even after finding a buyer -- Bay Harbour Management LLC, which paid $168 million in August. And conditions only seem to be growing worse....
