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Retail TV powerhouse files for bankruptcy with 90-day turnaround plan set

Retail
New York Post Fews App News Provider
Fews App Post Time Hace 10h

Originally Published by: Steak and seafood chain 801 Restaurant Group files for bankruptcy Businesses shift to lower-regulation states as costs mount Mortgage rates fall as Iran ceasefire eases market tensions The parent company behind well-known shopping channels QVC and HSN has filed for Chapter 11 bankruptcy.   QVC Group, which filed in the US Bankruptcy Court for the Southern District of Texas, announced the filing in a press release on Thursday, saying the company will undergo a restructuring support agreement (RSA) to reduce its debt from $6. 6 billion to $1.

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