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https://i-invdn-com.akamaized.net/news/LYNXMPEA7D094_M.jpgThe discount department store operator listed both assets and liabilities between $500 million and $1 billion, according to a filing with the U.S. Bankruptcy Court for the Southern District of Texas.
Last month, Reuters reported that Stage Stores Inc had asked vendors for more time to pay bills and other concessions as the company was hoping to avoid a bankruptcy filing due to market uncertainty caused by the coronavirus pandemic.