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One of America's most famous movie cinema channels get closer to bankruptcy. According to a Bloomberg, CMA report, the largest cinema theater in the US, examines its existing funds running next month, at that time they had no choice but fromfile the balance sheet. Read it to find out what is forward for the cinema giant and for more information on the current state of the economy, checkThis beloved catering chain just dropped bankrupt.

In an attempt to use $ 750 million, it must remain wealth, CMA plans to sell more shares, generating funding from European investors, negotiating rents breaks on its theaters and striking transactions with the holders of the Current debt. CornAMC shares have fallen 19% of 19% on Monday, December 14 when news erupted that a set of senior creditors werepush the chain to deposit a bankruptcy, according to the idiot of motley.

Although the AMC options seem to exhaust, writing on the wall has been there since the spring, when it has become clear that the studios did not need theaters to survive. CEO of NbuniversialJeff ShellRecountTheThe Wall Street newspaperIn April, because of thesuccessTrolls World Tour On the request paid services, universal planned forFree movies on Pvod and theaters go forward. As a result, CEO AMCAdam Aronthreatened to draw all the movies of universal studios in the future. Aron, he seemed to spell the end for AMC and cinemas as we know them.

The entire film industry was touched by a perfect event storm this year, with revenues decided byMandatory government, reluctance of consumers to visit the theaters whoare open and lack ofNew Big-Ticket Movies As studios have delayed the versions of the main films that would normally stimulate the game. As a result, Bloomberg reports that participation in AMC locations across the country decreased by 92% in the fourth quarter of 2020 compared to the same period in 2019.

The prognosis of 2021 looks sinister of film theaters in general. WhileA vaccine now starts to be deployedIt will take a large part of the new year so that people are inoculated to make a return to normal life, including going to the cinema. Meanwhile, Studio Side, Warner Bros. announced last week that all 17 of its largest films programmed for 2021 will be released simultaneously on the HBO Max streaming service as well as in the theaters.

Of course, AMC, which has existed since 1920, is hardly the only company that is currently suffering. Read it for more examples of American chain celebrities that have been affected by this chaotic year, and for another shock, checkThis iconic clothing chain closes its main stores.

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Chain Francesca's clothing and accessories was a pillar of the shopping experience for Tweens and young adults, but the troubles started showing in November. On 16 November, the company announced that 140 of its 700Stores would close At the end of January 20, 2021. Then, the channel filed in Chapter 11 Protection against bankruptcy on December 3rd and announced 97 additional locations. And for another chain that has problems, checkThis iconic clothing mark begins to close more than 200 stores.

Guitar Center has been a permanent device in the world of music for more than three decades, most 30,000,000 square feet stores on Sunset boulevard in Hollywood. The chain suffered a major overhaul in 2018, but it was not enough to secure its feet and in mid-November,Guitar Center announced that he entered a restructuring transaction Reduce debt of $ 800 million. The company emphasized that this transaction will allow business operations to continue without interruption of its 300 stores at the national level. And for more detail news at the end of the minute,Sign up for our daily newsletter.

After a half-spiral down the decade, the Gamestop announced in early December that it will beClose more than 1,000 storesat the end of his fiscal year in March. The largest video game retailer in the world alreadyClosed more than 783 stores in the previous two years.

But CEOGeorge Shermanis always optimistic, depending on the game industry. "We are planning for the first time many figures that the fourth quarter will include positive growth and profitability of sales and profitability, reflecting the introduction of new game consoles, our high omni-channel capabilities and benefits. continuous of our cost and costs. Efficacy initiatives, even with the potential negative impacts on our operations due to the Global Pandemic Covid-19, "he said in December 8, call yourself with investors. And for more new video, know thatIf you bought this year's most popular gift, you need to get a refund..

Another brand of nearly 100 years has recently announced major farms: Naturalizer, which dates back to 1927. The store of the store, Caleres Inc., revealed at the end of November that it wasClosure of 133 naturalizing stores In the United States and Canada. At the end of the fiscal year, only two will remain in the United States: one in the Miami shopping center and the 34th street in the city of New York.

When calling the benefits of the third quarter of Caleres, the PVP and the CFO of the companyKenneth Hannah says that the coronavirus pandemic has been "pressurized and putting a number of [naturalizer] stores in a loss position," according to the dive dive. "We went shops that generated a decent amount of income and obviously that the reduction [in foot traffic]Put a lot of pressure on the bottom line. ... it's just a good time forGo ahead and go out. "The news of the shoe reports that Caleres said theyPlan to develop the e-commerce activity of Naturalizer Thanks to its own website and websites of other brands of Caleres, including famous shoes. And for another closure that has a lot of disappointed buyers, checkThis favorite of the just tabled shopping center for bankruptcy.