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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 ...
America’s largest party supplier filed for bankruptcy in 2023, hurt by big-box retailer competition, rising costs during the pandemic — and a helium shortage. People shop in a Party City store ...
According to NBC News, “The company went public in 2021 as the pandemic lingered and during an apparent boom in at-home, do-it-yourself consumer activity.” 7. Express
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]
The chain filed for its second bankruptcy and liquidation on August 7, 2019, [13] closing the remaining 54 stores [14] with plans to auction its intellectual property. [15] ALDO filed for bankruptcy on May 7, 2020, citing repercussions related to the COVID-19 pandemic as to why. [16] The shoe chain emerged from bankruptcy two years later. [17]
It went bankrupt in 2001 and stopped paying rebates. [11] Digex: one of the first Internet service providers in the United States, its stock price rose to $184 per share; the company was acquired for $1 per share a few years later. [12] Digital Insight: Its shares soared 114% on its first day of trading.
This high-end beauty brand's U.S. division filed for Chapter 11 bankruptcy in January 2021, citing crushing rent obligations in light of COVID-19's drag on sales. The chain has 166 stores across ...
This high-end beauty brand's U.S. division filed for Chapter 11 bankruptcy protection at the end of January, citing crushing rent obligations in light of COVID-19's drag on sales. The chain had ...