Retailers May Take A Hit With CIT Chapter 11 Bankruptcy
According to an article in the Star-Telegram, CIT Group’s Chapter 11 bankruptcy is a source of angst for the nation’s small and mid-sized retailers, many of whom rely on the lender for credit. CIT Group insists that its bankruptcy will not cause disruptions for the already instable retail industry which has watched revenues drop since [...]
Related posts:
- CIT Group Inc. Prepares For Possible Chapter 11 Bankruptcy
- Will CIT Group Survive Chapter 11 Bankruptcy?
- CIT Battles To Avoid Chapter 11 Bankruptcy–Again