Big Lots files for Chapter 11 bankruptcy protection
Big Lots is in the process of closing roughly 300 of its 1400 stores across the United States.
Big Lots is in the process of closing roughly 300 of its 1400 stores across the United States.
Joann’s more than 800 stores and its website will continue to operate normally during the bankruptcy process.
Vice Media is filing for Chapter 11 bankruptcy protection, the latest digital media company to falter after a meteoric rise.
Tuesday Morning, the discount home goods retailer, has announced that it is closing all stores after filing for Chapter 11 bankruptcy protection earlier this year.
In the bankruptcy filing, Bed Bath and Beyond said it anticipates closing all of its stores by June 30.
North Carolina-based department store chain Belk says it will file for Chapter 11 bankruptcy. In our area, the company has stores in Montgomery, Prattville, Selma and Auburn. The Charlotte Observer reports that private equity firm Sycamore Partners made the announcement today. The firm owns Belk and says it will continue with “normal operations” as it goes through bankruptcy. Sycamore Partners…
“The Boy Scouts has hired law firm Sidley Austin to explore a potential chapter 11 bankruptcy filing, according to The Wall Street Journal. Seeking protection from its debts would stop multiple lawsuits over alleged sexual abuse by Boy Scout workers and volunteers going back decades, while giving the organization space to negotiate with those who sued, according to the newspaper.”…