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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 ...
Here are 12 well-known companies that went bankrupt in 2024 ... tilting some companies to file for bankruptcy. Other brands fell victim to changing trends or even more malicious ailments, like ...
Sports Authority – bankrupt in 2016 and liquidated. Brand was acquired by Dick's Sporting Goods; Sports Unlimited – First store in 1983. In 2008 closed all stores and moved online. Sport Chalet – went bankrupt and closed in 2016; Sportswest – owned by Pay 'n Save and spun off in 1984; acquired by Big 5 Sporting Goods in 1988
In late 2018, the brand name was pulled out of bankruptcy protection; plans were made for it to return in the form of specialty stores under the name "Geoffrey's Toy Box." [312] Tru Kids acquired the Toys "R" Us and Babies "R" Us brands in February 2019. Toys "R" Us reopened under this new management in 2019 with stores in New Jersey and Texas ...
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
On October 1, 2002, Agway filed for Chapter 11 bankruptcy. [ 3 ] [ 6 ] After the bankruptcy, the Agway brand name was owned by Southern States Cooperative. On July 5, 2022, Agway Farm & Home Supply also filed for Chapter 11 bankruptcy , and announced that it would begin winding down all remaining assets and would be shutting down.
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 ...
Nygård International filed for Chapter 15 bankruptcy in New York City on 18 March 2020, [12] and the company's brands have since been put up for sale. [13]In May 2020, Nygard companies owed almost $50 million to approximately 350 creditors around the world, including 40 Manitobans.