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The 75-year-old hardware store brand filed for bankruptcy in October and ended its legacy by substantially selling its operations to a rival. In court filings, True Value said it faces a ...
Another home goods store that went bust in 2023 was Tuesday Morning, which filed for Chapter 11 bankruptcy in February because of its “exceedingly burdensome debt.” It was its second ...
Toy brands and retailers have been facing recent challenges. Dips in sales have led some companies to make changes. ... 8 Popular Companies That Went Bankrupt in 2024. Show comments. Advertisement ...
The brand had 150 stores at its peak, predominantly on the West Coast. Anchor Blue declared bankruptcy in 2009 and shuttered more than 50 stores, and gradually shrank to include stores solely in California. It went bankrupt once more in 2011, with the remaining stores closed before Easter of that year. [48]
Rebranded MCI, it emerged from bankruptcy in 2004 and the assets were bought by Verizon. Parmalat: Italy: 24 Dec 2003: Food: The company's finance directors concealed large debts. MG Rover Group: United Kingdom: 15 April 2005: Automobiles: After diminishing demand, and getting a £6.5m loan from the UK government in April 2005, the company went ...
The Limited filed for bankruptcy in January 2017, went out of business, and closed its remaining 250 stores, but Sycamore Partners bought its IP. [ 184 ] LifeWay Christian Resources , the publishing arm of the Southern Baptist Convention , announced that it would close all of its 170 LifeWay Christian Stores by the end of 2019 and shift its ...
Once a mall stalwart, this well-known fashion retailer went bankrupt at the beginning of 2017 and closed all of its roughly 250 stores. Though it initially planned to become an e-commerce company ...
The following private equity firm or hedge fund owned companies have filed for bankruptcy protection: A&P (grocery chain) [1] Brookstone [2] Envision Healthcare [3] Friendly's [1] GenesisCare [3] Instant Brands (maker of Instant Pot and Pyrex) [4] Kmart [5] Party City [6] Payless Shoe Source [2] Prospect Medical Holdings [7] RadioShack [2] Red ...