Entries tagged "Circuit City"
Facing increasing competition and struggling with its own debt, Blockbuster Inc. (NYSE:BBI) is in defensive mode, doing all it can to conserve cash and maintain liquidity.
New York retailer Olly's Retail USA Inc. has followed its Dutch parent Oilily BV into bankruptcy.
The market for debtor-in-possession loans is alive, but it's expensive, picky and creditor-friendly -- yet DIPs are needed more than ever before.
A prescription for reforming the U.S.'s accounting mess.