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Companies tend to use the Chapter 11 process to wind down some operations, tackle mounting debt and save on costs by closing locations. Here are some of the most notable bankruptcies of 2024 ...
Here’s a look at the popular companies that have gone bankrupt in 2024 ... According to NBC News, “The company went public in 2021 as the pandemic lingered and during an apparent boom in at ...
Pages in category "Companies that filed for Chapter 11 bankruptcy in 2024" The following 166 pages are in this category, out of 166 total. This list may not reflect recent changes .
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," True Value began Chapter 11 ...
The company filed for Chapter 11 bankruptcy on May 16, 2017, [256] and emerged from bankruptcy in September. [257] On May 2, 2024, rue21 collapsed back into bankruptcy, its second filing since 2017 and third overall, and announced that all 540 of its remaining stores would be shuttered within four to six weeks. [258]
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; Sunny's Surplus – went bankrupt in 2000 but emerged in 2001; filed for bankruptcy again in 2007 and closed most locations; three reopened in late 2007 but shut down again in 2008
The restaurant company previously filed for Chapter 11 bankruptcy in 2020. Melt Bar & Grilled In June, the Cleveland-based chain said it was struggling to pay its vendors and landlords.
Phar-Mor, unable to compete, was forced into bankruptcy for the second time in September 2001, only about six and a half years after it had emerged from its prior three-year-long bankruptcy. [9] The company was delisted from the NASDAQ Stock Market on October 10, 2001. [10] Phar-Mor became weaker during its last years of business.