Regional auto rental company Advantage Rent A Car filed for Chapter 11 bankruptcy protection and is closing around 70 percent of its locations. The company, which once had 140 locations and 24,000 cars across 12 states, will be down to ten locations following the restructuting. Advantage is also drastically reducing staff at its headquarters.
Advantage Rent A Car
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Timely Demise tracks the retail industry as it changes with our unprecedented economic environment. Published by David Wertheimer. Did I miss something? Drop me a line.
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This page contains a single entry by David Wertheimer published on December 12, 2008 11:58 AM.
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