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Webvan was a dot-com company and grocery business that filed for bankruptcy in 2001 after 3 years of operation. It was headquartered in Foster City, California , United States. It delivered products to customers' homes within a 30-minute window of their choosing. [ 2 ]
The move resulted in 2,300 drivers being laid off. [6] Carl Grimstad was appointed Waitr's CEO in 2020 and tasked with recovering the company after a US$291 million net loss in 2019. Despite the significant increase in footprint it gained from the Bite Squad acquisition, Waitr still only had a 3% share of the US food delivery market.
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The kitchen brand, known for its plastic food storage containers, filed for bankruptcy in September after years of falling popularity and financial troubles. In late November, Tupperware’s brand ...
Retail bankruptcies were rampant in 2018. For premium support please call: 800-290-4726 more ways to reach us
Golfsmith – went bankrupt in 2016 and acquired by Dick's Sporting Goods; 36-38 locations rebranded as Golf Galaxy; Herman's World of Sporting Goods – went bankrupt in 1993 and closed in 1996; Just for Feet – bankrupt in 1999, acquired by Footstar, final stores closed in 2004; MC Sports – filed for bankruptcy and closed in 2017
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
Strack & Van Til is a grocery store chain with locations in Northwest Indiana.Stores operate under the banners of Strack & Van Til and Town & Country Food Market. On May 2, 2017, an involuntary petition under Chapter 7 of the US Bankruptcy Code was filed against Central Grocers, Inc, parent company of SVT, LLC. in the US Bankruptcy Court for the Northern District of Illinois.