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The company entered Chapter 11 bankruptcy in March 2004, during which the Just for Feet chain was shut down [4] and FootAction USA was sold to Foot Locker Inc. [5] Footstar emerged from bankruptcy on February 6, 2006.
Just for Feet – bankrupt in 1999, acquired by Footstar, final stores closed in 2004; MC Sports – filed for bankruptcy and closed in 2017; Modell's Sporting Goods – first store opened in 1889. On March 11, 2020, the company filed for bankruptcy, and announced it would close all 115 stores.
In 1999, Just For Feet broadcast a commercial during Super Bowl XXXIII, produced by the agency Saatchi & Saatchi. In the spot, a group of Caucasian men in a humvee are seen tracking down a barefoot Kenyan runner, sedating him with drug-laced water, and forcing Nike shoes on his feet while he is unconscious. When the runner wakes up, he rejects ...
150 Retail Store Leases of Bakers and Wild Pair Shoes are Included in Bankruptcy Sale Process GA Keen Realty Advisors Running Nationwide Bankruptcy Sales Process NEW YORK--(BUSINESS WIRE)-- GA ...
In'In re Gaither,' the U.S. Bankruptcy Court for the District of South Carolina held that Bankruptcy Code Section 544(b) permitted a trustee to step into the shoes of the Internal Revenue ...
Bankruptcy. The mere word can evoke shame, fear and dread -- and for good reason. When you file for bankruptcy, your credit score takes a major blow, possibly dropping as much as 240 points,...
Timeline of former nameplates merging into Macy's. Many United States department store chains and local department stores, some with long and proud histories, went out of business or lost their identities between 1986 and 2006 as the result of a complex series of corporate mergers and acquisitions that involved Federated Department Stores and The May Department Stores Company with many stores ...
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