Chapter 11

There were 5,236 Chapter 11 filings in 2019, but 6,917 last year, a tally at least 30 percent higher than any of the previous four years.

Just this week, coworking space Knotel filed for Chapter 11 bankruptcy.

Le Tote, a clothing rental start-up, that bought Lord & Taylor last year for about $100 million, also filed for Chapter 11 bankruptcy on Sunday.

Sephora and Kohl’s, which started talking about the potential partnership around the time Penney filed for Chapter 11 bankruptcy in the spring, will start with 200 locations next year, and build up to 850 by 2023.

After store redesigns and other changes failed to draw customers, the Fort-Worth, Texas, company filed for Chapter 11 bankruptcy protection in 2015 and then again two years later.