J. Crew Group Inc filed for bankruptcy protection on Monday with a plan to hand over control to lenders.
Over a half of small businesses in the U.S. could shut down within six months due to the hit of COVID-19, said a newly released survey.
Phoenix is being liquidated after amassing more than $400 million in potential trading losses.
Some of the biggest names in corporate America are in danger of going the way of Sears, Blockbuster and RadioShack.