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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 ...
The company filed for Chapter 11 bankruptcy on May 16, 2017, [259] and emerged from bankruptcy in September. [260] On May 2, 2024, rue21 collapsed back into bankruptcy, its second filing since 2017 and third overall, and announced that all 540 of its remaining stores would be shuttered within four to six weeks. [261]
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 .
Three companies have told the state that they are cutting central Ohio operations that will affect as many as 455 workers, including two warehouses that will be closed.. Arlington Contact Lens ...
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 ...