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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 ...
Record World – company also operated The Record Shops at TSS; was purchased by W.H. Smith after declaring bankruptcy in 1992; rebranded The Wall the following year [151] [152] [153] Sam Goody – most locations converted to FYE, but two locations continued to operate as Sam Goody until they closed in 2025. Saturday Matinee – converted to FYE
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 ...
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 ...
On July 13, 2015, DonJon filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the District of Connecticut with a debt of $32,509,549.91. Modern bankruptcy law often distinguishes reorganization , in which only some of the bankrupt's assets are taken, a repayment plan is devised and part of the debt is discharged , from ...
A video shared on Facebook claims German Chancellor Olaf Scholz is going to sue the US for his burnt down house in Los Angeles. Verdict: False There is no evidence for this claim. Fact Check ...
As the sixties progressed, Zayre's product offering more closely resembled that of a typical discount store, with toys, sporting goods, records, books, health and beauty products, and much more. A number of these departments were leased out to concessionaires during Zayre's first decade, including linens, greeting cards, candy, and health and ...