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The name Big 5 is derived from the first five Army surplus stores that were opened in California. [6] Sportswest and Sportsland were acquired in May 1988 from Pay 'n Save subsequently. In 1990, the company was fined $125,000 for selling discounted brand-name shoes that were actually poorly manufactured by those brands to be distributed only in ...
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
Arthur Andersen LLP was an American accounting firm based in Chicago that provided auditing, tax advising, consulting and other professional services to large corporations. By 2001, it had become one of the world's largest multinational corporations and was one of the "Big Five" accounting firms (along with Deloitte, Ernst & Young, KPMG and PricewaterhouseCoopers).
The familiar retailer was known for West Coast-inspired fast fashion, especially for teenagers. It filed for Chapter 11 bankruptcy in 2015 and abruptly closed all its stores in 2017. Later that ...
The bankruptcy filing comes a month after Big Lots said it would close as many as 315 stores nationwide, ... Big Lots has secured commitments for $707.5 million of financing, including $35 million ...
The chain filed for its second bankruptcy and liquidation on August 7, 2019, [12] closing the remaining 54 stores [13] with plans to auction its intellectual property. [14] ALDO filed for bankruptcy on May 7, 2020, citing repercussions related to the COVID-19 pandemic as to why. [15] The shoe chain emerged from bankruptcy two years later. [16]
Discount retail chain Big Lots is declaring bankruptcy as it plans to close hundreds of stores nationwide, including one in Woodbridge in New Jersey.. As part of the Chapter 11 bankruptcy ...
In ASIC v Rich [5] the directors were found not to have been guilty of negligence. Swissair: Switzerland: 2 Oct 2001: Aviation: Overexpansion in the late 1990s and the aftermath of the September 11 attacks led to a dramatic fall in share prices. In 2007, several of the company's board members were charged over the airline's bankruptcy. [6]