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It’s known as LL Flooring these days.
Company was liquidated in 1999, though some chains it operated, including Bakers, have survived. Fashion Bug – plus-size women's clothing retailer that once spanned more than 1000 stores. Parent company Charming Shoppes, which owned other plus-size retailers including Lane Bryant, shuttered the brand in early 2013.
The U.S. online retailer Zulily is closing down, surprising customers and laying off hundreds of workers after efforts to salvage the business failed. The Seattle-based company said in a notice on ...
During 2015, the company's stock lost about half of its value in both the leadup to and the wake of a 60 Minutes report about unsafe levels of formaldehyde in the Chinese-made laminate flooring that it was selling. [15] [16] A number of class action lawsuits were brought on by customers, due to the formaldehyde issue and other customer service ...
Most companies from time to time end up with surplus goods, liquidated goods and bankrupt stock. This can be a costly problem. When customers are told that the reason for a price reduction is a stock clearance, they find this less attractive than other explanations such as a volume discount. [1]
MarchFirst: A web development company formed on March 1, 2000, by the merger of USWeb and CKS Group, it filed for bankruptcy and liquidation just over a year after it was formed. Microsoft : Their stock went from 60 cents in 1990 to over $60 in late 1999, then dropped about 60% during the dot-com crash and by its low point in early 2009 the ...
Liquidity Services’ online marketplaces include: Liquidation.com, [22] Secondipity.com, [4] GovLiquidation.com, [23] Allsurplus.com, GovDeals.com, [2] Bid4Assets, and Sierraauction.com. [3] They offer over 500 product categories [24] organized into categories across 12 major industry verticals: government, energy, construction and mining, transportation, industrial manufacturing ...
Liquidation may either be compulsory (sometimes referred to as a creditors' liquidation or receivership following bankruptcy, which may result in the court creating a "liquidation trust"; or sometimes a court can mandate the appointment of a liquidator e.g. wind-up order in Australia) or voluntary (sometimes referred to as a shareholders ...