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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 ...
The news that Red Lobster was filing for bankruptcy may have made you curious about how your other favorite businesses are doing in 2024. After all, we’ve heard plenty of reports of the impact ...
About a week ago, news outlets reported the chain was considering bankruptcy. It has since shuttered 50 restaurants, including one in Reynoldsburg. TGI Fridays closes its last Columbus-area ...
Pages in category "Companies that filed for Chapter 7 bankruptcy in 2024" The following 17 pages are in this category, out of 17 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 ...
In September 2024, Rite Aid emerged from bankruptcy as a privately-owned company. [254] Rockport filed for bankruptcy in May 2018. The company that bought the company out of bankruptcy closed all 60 of its brick-and-mortar stores in July of that year. [255] The Room Store filed for bankruptcy on December 12, 2011.
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] Kmart [5] Party City [6] Payless Shoe Source [2] RadioShack [2] Red Lobster [4] RJR Nabisco [7 ...
The Container Store has filed for bankruptcy. It is the latest well-known retailer to fall victim to customers cutting back on discretionary spending. The 46-year-old company said in a statement ...