These Big Companies Run The Risk Of Bankruptcy This Year

Published on 07/15/2019
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The Weinstein Company

The first sexual misconduct allegations against Harvey Weinstein came to light in October 2017. The film exec was on the receiving end of a number of various claims after the New Yorker published an article. The Weinstein Company ended up filing for bankruptcy in March 2018. However, it was bought out by The Lantern Capital Partners in May 2018.

Weinstein

Weinstein

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Macy’s

When Macy’s announces store closings, it usually comes after the holiday season rush. However, this year, they already announced that a handful of stores will be closing. In 2018, twelve locations shut down, and so far in 2019, more than four locations are closing their doors. Despite the fact that Macy’s is still making good money overall, they need to be careful about how they’re spending it.

Macy's

Macy’s

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