Borders US applies for Chapter 11 bankruptcy

Written By: Graeme Neill Publication Date: Wed, 16/02/2011 - 12:30 Borders US has filed for Chapter 11 bankruptcy, blaming a decrease in consumer spending, a lack of liquidity and ongoing discussions with publishers. The widely expected move will mean Borders will try to restructure its business while continuing to trade online and in store. Among the initiatives that it is proposing, which require court approval, is to close around 30% of its underperforming stores. read more Continue reading at 'The Bookseller'

[ The Bookseller | 2011-02-16 00:00:00 UTC ]
News tagged with: #consumer spending

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Borders US applies for Chapter 11 bankruptcy

Written By: Graeme Neill Publication Date: Wed, 16/02/2011 - 12:30 Borders US has filed for Chapter 11 bankruptcy, blaming a decrease in consumer spending, a lack of liquidity and ongoing discussions with publishers. The widely expected move will mean Borders will try to restructure its... Continue reading at The Bookseller

[ The Bookseller | 2011-02-16 00:00:00 UTC ]
More news stories like this | News stories tagged with: #consumer spending


Vice Media files for Chapter 11 bankruptcy, the latest in a string of digital media setbacks

Vice Media is filing for Chapter 11 bankruptcy protection, the latest digital media company to falter after a meteoric rise Continue reading at ABC News

[ ABC News | 2023-05-15 11:47:06 UTC ]
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Tiger Oak Media Files for Chapter 11 Bankruptcy

Citing mounting vendor debt and declining revenue, Tiger Oak Media—the publisher of more than 30 regional and bridal magazines around the country—has filed for Chapter 11 bankruptcy protection, according to documents filed in U.S. Bankruptcy Court in Minnesota on Monday. The 26-year-old... Continue reading at Folio Magazine

[ Folio Magazine | 2019-10-10 14:55:27 UTC ]
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LSC Communications Files for Chapter 11 and Raises $100M in Liquid Capital

After weeks of credible speculation and reporting, LSC Communications announced clarity around its reorganization plans, which includes filing for Chapter 11 bankruptcy with the Southern District of New York. The company was left with few option after accumulating at least $893 million in... Continue reading at Folio Magazine

[ Folio Magazine | 2020-04-13 15:00:01 UTC ]
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LSC Files Chapter 11

LSC Communications, one of the country’s largest printers and its largest book printer, has filed for Chapter 11 bankruptcy. The company said it expects to operate normally as it works its way through the restructuring process. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-04-13 04:00:00 UTC ]
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Thomson-Shore Files Chapter 11; Asset Sale Likely

Dexter, Mich.-based printer Thomson-Shore filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the Eastern District of Michigan Southern Division earlier this week. If things go according to plan, its assets will be sold to the CJK Group. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-03-28 00:00:00 UTC ]
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US Publisher F+W Media Has Hearing Today in Chapter 11 Protection Filing

Citing mismanagement and mistakes in its focus on e-commerce, the enthusiast-content company that created the Digital Book World and Writer's Digest lines, has a hearing today (March 12) in court. The post US Publisher F+W Media Has Hearing Today in Chapter 11 Protection Filing appeared first on... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-03-12 00:00:00 UTC ]
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F+W Media Files Chapter 11, Will Sell Assets

A failed attempt to shift the magazine and book publisher's business to an e-commerce model has led F+W to sell both its books division, which has revenues of $22 million, and It's communities group, which had sales of almost $68 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-03-12 00:00:00 UTC ]
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Medallion Press Files for Chapter 7 Bankruptcy

Medallion Press, which was formed in 2003 as a mass market publisher before branching out into other media markets, filed for Chapter 7 bankruptcy October 18. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-10-29 00:00:00 UTC ]
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Cengage emerges from Chapter 11

Cengage Learning has emerged from Chapter 11 after completing its financial restructuring.... Continue reading at The Bookseller

[ The Bookseller | 2014-04-02 00:00:00 UTC ]
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Post Chapter 11, RDA Looks for Turnaround

Upheaval has been a defining characteristic of RDA Holding Co. for the last three years. Continue reading at Folio Magazine

[ Folio Magazine | 2013-07-10 00:00:00 UTC ]
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Cengage files for Chapter 11

Cengage Learning has filed for Chapter 11 bankruptcy protection as part of a pre-arranged... Continue reading at The Bookseller

[ The Bookseller | 2013-07-03 00:00:00 UTC ]
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News Publishing Co. Files Chapter 11 Reorganization

News Publishing Co., parent corporation of the Rome News-Tribune, Calhoun Times, Walker County Messenger, Catoosa County News, Cedartown Standard and Rockmart Journal, has filed a petition for Chapter 11 reorganization. Continue reading at Editor & Publisher

[ Editor & Publisher | 2013-01-03 00:00:00 UTC ]
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Paper Manufacturer NewPage Files for Chapter 11

Miamisburg, Ohio-based NewPage, one of the largest makers of magazine-quality paper, today Continue reading at Folio Magazine

[ Folio Magazine | 2011-09-08 00:00:00 UTC ]
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Borders Bankruptcy to Ripple Through Industry

The book publishing industry was just beginning to grapple last week with the many repercussions the Borders Group Chapter 11 filing will bring to all facets of the industry. The most immediate impact, of course, is the loss of revenue associated with the bankruptcy itself. Continue reading at Publishers Weekly

[ Publishers Weekly | 2011-02-21 00:00:00 UTC ]
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Borders expected to file for bankruptcy

Written By: Graeme Neill Publication Date: Mon, 14/02/2011 - 08:46 Borders is expected to file for bankruptcy as soon as tomorrow [15th February], after it failed to agree new funding of more than $1bn with lenders. The book retailer has been struggling for months, with Publishers Weekly... Continue reading at The Bookseller

[ The Bookseller | 2011-02-14 00:00:00 UTC ]
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Summit Business Media To File for Chapter 11

Summit Business Media has joined the ranks of publishers seeking to reorganize and slash debt through a voluntary Chapter 11 bankruptcy. Continue reading at Folio Magazine

[ Folio Magazine | 2011-01-26 00:00:00 UTC ]
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Words Without Borders March: ‘How Political Borders Shift’

Taking as a starting point the protest over right-wing exhibitors at the 2017 Göteborg Book Fair, 'Words Without Borders' March issue focuses on politics, stereotypes, and identity in Swedish and Finnish writing. The post Words Without Borders March: ‘How Political Borders Shift’ appeared first... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-03-18 00:00:00 UTC ]
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LBF: UK Publishing’s Impact Worth £11 Billion, New Report

'We ask politicians on all sides to recognize the publishing industry’s economic value,' says the Publishers Association's Dan Conway. The post LBF: UK Publishing’s Impact Worth £11 Billion, New Report appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2024-03-12 03:55:23 UTC ]
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This Week’s Bestsellers: March 11, 2024

Tommy Orange follows his 2018 debut, ‘There There,’ with ‘Wandering Stars,’ #8 on our hardcover fiction list. Plus Peter Schweizer, Dr. Phil, and C.J. Box are among the week’s big debuts, and longtime Silicon Valley journalist Kara Swisher comes out swinging with ‘Burn Book.’ Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-03-08 05:00:00 UTC ]
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