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On January 14, 2009, Gottschalks filed for Chapter 11 bankruptcy. [1] In March 2009, Gottschalks announced it lined up a group of bidders that would liquidate the chain if no other bidder was found by March 30. [9] On March 31, Gottschalks announced it would liquidate its remaining stores. [3] [10] The chain's final stores closed July 12, 2009.
During Lamonts third bankruptcy in 2000, Troutman's offered a bid on the company but was outbid by Gottschalks. The company proposed to change some stores to Troutman's Emporium and sell others to The Bon Marché, an upscale department store chain based in Seattle. Lamonts would eventually be acquired by Gottschalks out of bankruptcy court ...
The Harris Company was a retail corporation, based in San Bernardino, California, that operated a chain of department stores named Harris', all in Southern California.Philip, Arthur, and Herman Harris – nephews of founder Leopold Harris of what was once the large Los Angeles–based chain Harris & Frank – started the company with a small dry goods store in 1905, and the company eventually ...
First there was Harrisburg, Pennsylvania. Then, Jefferson County, Alabama. Now, hold onto your hats folks -- we could be just days away from seeing the biggest municipal bankruptcy in U.S. history ...
Best Products – filed for bankruptcy for the second time in September 1996 [33] [34] and closed all of its stores by the following February [35] [36] Brendle's – became bankrupt and liquidated in 1996 [37] [38] Consumers Distributing – sought bankruptcy protection in 1996; Ellman's – acquired by Service Merchandise in 1985 [39] [40]
The Teamsters and the Treasury. Yellow’s bankruptcy in July punched a $5 billion hole in the U.S. economy that won’t be easy to fill. Yellow, financially beleaguered for years, finally threw ...
Finlay Enterprises Inc. was a holding company based in New York that conducted business through its wholly owned subsidiary "Finlay Fine Jewelry".It was founded in 1887. Finlay Enterprises Inc. filed for Chapter 11 bankruptcy in August, 200
(Reuters) - Entrepreneur and former Los Angeles Dodgers owner Frank McCourt's Project Liberty and its consortium of partners in The People's Bid said on Thursday they proposed to make a formal bid ...