bankruptcy

Total collapse is near for the fifty-two year old brand.

The Britain-based chain owns four theaters in and around Albany.

Another long-time restaurant chain is filing for bankruptcy citing the effects of the coronavirus pandemic. Friendly's has two locations in the Capital Region and we may lose them if they choose to close some of their restaurants across the country.

A few weeks ago, JC Penney filed for bankruptcy and announced that they would start closing stores all across the country. They are closing one hundred fifty-four stores this summer and it looks as if the Capital Region department stores are safe, for now.

It seems every few days a retail store is either filing for bankruptcy or going out of business for good. Another store has just announced that it will be closing hundreds of its stores because of the decline in sales due to the coronavirus pandemic.

The latest store to file for bankruptcy and going out of business is Pier 1 Imports. This seems to be the trend because of a variety of factors including the coronavirus pandemic.

It looks as if another big department store will be closing its doors forever. JC Penney announced that it has filed for Chapter 11 bankruptcy.

Pier 1 Imports says it will close up to half of its stores nationwide. What will the fate be of the ones that are in the Capital Region?

It's official.  Our hometown Albany Empire will forever be known as the last Arena Football League champion because today comes the somber news that fans were hoping they wouldn't hear. The Arena Football League and our hometown Albany empire are officially dead.

It looks like another retail box store may be going out of business. It's the latest in the brick and mortar stores trying to keep up with online sales. Bed Bath & Beyond could be next to shut its doors.

Another major retailer is filing for bankruptcy and closing stores all over the country. It looks as if the one in Crossgates Mall may be on the chopping block.

More stores continue to close because of online sales and now a major shoe store chain is closing its doors. It will affect seven Capital Region shoe stores.