bankruptcy Archives - Thee Arizona Times

Hollywood on the Brink: Industry Faces Potential Chaos Amid Streaming Wars

Thee Arizona Times2 years ago04 mins

At the recent Bank of America Media, Communications & Entertainment Conference, Vince Vinciquerra, the CEO of Sony Pictures Entertainment (SPE), warned that Hollywood is poised for a tumultuous period over the next 18 to 24 months. Vinciquerra predicts a wave of mergers, bankruptcies, and corporate upheavals, suggesting that only the largest companies will weather the…

70-Year Old Clothing Chain, Bob’s Stores, Closes Due To Bankruptcy

Thee Arizona Times2 years ago2 years ago04 mins

Last week, Bob’s Stores, a long-standing network of clothing stores in the Northeast, announced that it is closing due to bankruptcy and inability to acquire finance. Before disclosing it would close every location, Bob’s Stores first said it would close a certain number of stores. Bob’s sells clothing from NFL, NBA, and MLB clubs in…