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Over the last 12 months, 113 companies with more than $100 million in assets have filed for either Chapter 7 or Chapter 11 bankruptcy, Cornerstone Research said in a new report.
True Value has filed for Chapter 11 bankruptcy, and will be sold to a competitor. Here's what it means for True Value's 100+ stores in Pennsylvania.
The True Value Company is an American wholesaler and Hardware store brand. [5] The corporate headquarters are located in Chicago. [6]Historically True Value was a cooperative owned by retailers, [7] but in 2018 it was purchased by ACON Investments. [8]
Gamble-Skogmo Inc. was an American conglomerate of retail chains and other businesses that was headquartered in St. Louis Park, Minnesota.Business operated or franchised by Gamble-Skogmo included Gambles hardware and auto supply stores, Woman's World and Mode O'Day clothing stores, J.M. McDonald department stores, Leath Furniture stores, Tempo and Buckeye Mart Discount Stores, Howard's ...
CHICAGO — Long-time Chicago-based hardware retailer True Value has filed for Chapter 11 bankruptcy and entered into an agreement to sell its operations to Do It Best Corp., the company announced ...
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] Joann [5] Kmart [6] Party City [7] Payless Shoe Source [2] Prospect Medical Holdings [8 ...
True Value files for bankruptcy. In a press release on Monday, the 75-year-old company said plans to sell the business to hardware rival Do it Best Corp. To do that in the "most efficient manner ...
ULTRA was a manufacturer as well as a direct importer of diamonds, gemstones, and gold jewelry. At one point, Ultra operated over 100 stores in outlet centers and 38 other format locations (primarily licensed jewelry departments). The company went through bankruptcy in 2001–2002 and again after the financial crisis of 2007–2008.