Search results
Results from the WOW.Com Content Network
Bankruptcies played a significant role in economic news in 2024 with retailers, restaurants and an airline all looking for bankruptcy protection to keep from having to shut down entirely
Chain Apocalypse. This year was a bloodbath for retail and dining businesses. In the first nine months of 2024, business bankruptcy filings skyrocketed 33.5%, jumping from 17,051 to 22,762.
Of course, filing for bankruptcy doesn’t necessarily mean a business is going bust. Companies tend to use the Chapter 11 process to wind down some operations, tackle mounting debt and save on ...
On Dec. 21, Party City filed in the U.S. Bankruptcy Court for the Southern District of Texas, after already emerging from a previous bankruptcy in 2023 with about $1 billion less in debt.
The Container Store filed for Chapter 11 bankruptcy in December 2024, but vowed to keep all 102 locations open. [103] Crate & Barrel's children's line Land of Nod closed all of its retail stores in February 2018. [104] CVS Pharmacy announced in November 2021 that it planned to close 900 stores over a three-year period, starting in spring 2022 ...
Pages in category "Companies that filed for Chapter 7 bankruptcy in 2024" The following 17 pages are in this category, out of 17 total.
Pages in category "Companies that filed for Chapter 11 bankruptcy in 2024" The following 168 pages are in this category, out of 168 total. This list may not reflect recent changes .
Major healthcare provider CareMax filed for Chapter 11 bankruptcy in Texas, listing debts of more than $690 million. ... Fernando Cervantes Jr. is a trending news reporter for USA TODAY. Reach him ...