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The 75-year-old hardware store brand filed for bankruptcy in October and ended its legacy by substantially selling its operations to a rival. In court filings, True Value said it faces a ...
Sun Television and Appliances was a speciality retailer of consumer electronics, home appliances, and office equipment founded in 1949 by brothers Macy and Herbie Block. The company had stores in cities throughout the midwest, and also operated stores in rural areas of the United States, where there was no other competition [1] in Ohio, Indiana, New York, Pennsylvania, Maryland, West Virginia ...
Curtis Mathes, Inc., is a North American electronics retailer initially based in Garland, Texas, and specializing in the sale of private label brand electronics and repair services. It manufactured its own brand of televisions in Athens, Texas , until July 31, 1982; ten years later, it filed for Chapter 11 bankruptcy and reorganization which ...
County Seat – founded in 1973, the denim-focused mall retailer expanded in the 1980s to nearly 500 stores. It filed for bankruptcy in 1996 and shuttered stores, and another bankruptcy in 1999 put the company out of business. [55] Cygnet Shops – women's fashion store that closed in 1975
In May, the company announced it was going out of business and closing all of its 200 stores. Its first bankruptcy happened in May 2020, during the peak of the pandemic because of prolonged store ...
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 ...
The Room Store filed for bankruptcy on December 12, 2011. Throughout 2012, all Room Store locations, except those in Arizona, which included Texas and the eastern and southern United States, were closed. [261] The Phoenix-area stores (which were owned by The RoomStores of Phoenix, LLC), the last remains of the chain, were closed in 2016. [262]
2017 is set to go down as the year of the retail apocalypse. Brick-and-mortar chains have announced more store closings this year than any other on record. 15 retailers that went bankrupt in 2017