American retailer Pier 1 Imports, Inc. struggled to stay solvent, leading to filing for Chapter 11 bankruptcy protection. As the chain plans to close nearly half its stores, we focus on how things deteriorated to this point and how our subscribers were notified early.
A popular technology solutions provider to the energy sector, Houston-based McDermott International, Inc. has met Chapter 11 bankruptcy - a fate which wouldn't have surprised vigilant CreditRiskMonitor subscribers.
Baby bankruptcy boom: American retailer Destination Maternity Corporation has met Chapter 11. Our suspicions about their heightened financial risk, however, were born more than a year before their filing.