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Last December, Charming Charlie filed for Chapter 11 bankruptcy protection. The reason given was to reduce the number of corporate employees and to close many stores that were considered "underperforming." As of April 24, the jewelry and accessories company has...
When approaching Chapter 11 bankruptcy, it is very important to consider the tax implications. Fortunately, the Internal Revenue Service (IRS) knows the challenges that businesses face, and it offers direct advice regarding this process. Below are a few common...
The last few years have seen a number of retail stalwarts succumb to a changing economy. An increasing number of consumers are shopping online and passing up traditional brick and mortar establishments. This change has affected retailers across a number of industries,...
