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Another one bites the dust. In early September, discount retailer Fred's (NASDAQ:FRED) announced that it was filing for Chapter 11 bankruptcy protection and shuttering all of its stores. Fred's ...
Home goods retailer Conn's HomePlus filed for Chapter 11 bankruptcy protection and announced plans to close at least 70 locations across 13 states.
Perhaps best known for its late-night informercials, the at-home gym equipment maker filed for bankruptcy in March. It emerged from Chapter 11 a few months later, signing a deal with a Taiwan ...
When a lifeline from Hudson Bay Capital Management failed to supplement the struggling home goods retailer, in addition to a $300 million stock offering never coming to fruition, Bed Bath & Beyond finally filed for Chapter 11 bankruptcy on April 23, 2023, and announced that all of its remaining stores, including the entire Buy Buy Baby brand ...
The company cited economic challenges caused by inflation and rising labor costs for its decision
At its peak in 2018, Tuesday Morning operated over 700 locations and had sales of over $1 billion. Tuesday Morning focused on discount home goods. [3] In May 2020, following extended store closures due to the COVID-19 pandemic, [4] Tuesday Morning filed for Chapter 11 bankruptcy [5] reorganization and was delisted from the NASDAQ. During the ...
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 end of meme madness. Bed Bath & Beyond stock closed at $0.29 ahead of the company's bankruptcy filing, down roughly $80 a share from the company's all-time high in December 2013.