Bankruptcy

JCPenney Is Closing More Stores And Laying Off 1,000 Employees

JCPenney is closing 152 more stores.  They are also laying off 1,000 employees.   In addition, they filed for bankruptcy protection…

4 years ago

Liquidation Sales At JC Penney Stores Around The Country Start This Week

JC Penney announced a bankruptcy earlier this month. 136 stores in the United States will be closing.  Liquidation sales at…

4 years ago

Iconic American Food Chains Are Filing For Bankruptcy As Sales Are ‘Hemorrhaging’

The coronavirus pandemic has been affecting many businesses all over the world, and some of America's most iconic and popular…

4 years ago

Pier 1 Is Going Out Of Business, Closing All 540 Stores

Pier 1 Imports is closing all 540 of its stores The retailer filed for bankruptcy earlier this year but the…

5 years ago

JC Penney Officially Files For Bankruptcy

JC Penney is now in talks for a $450 million loan for a potential bankruptcy filing. Rumors have been circulating…

5 years ago

Payless Closing All Stores, Liquidation To Begin This Weekend

Payless Shoesource is officially closing all U.S. stores and beginning liquidation sales this weekend. This sad news comes shortly after…

5 years ago

Find Out Which Hallmark Stores Are Closing As Fewer People Are Buying Expensive Cards

It seems the greeting card business is in trouble. Papyrus is closing 254 of its US and Canada stores after…

5 years ago

Get A First Look Inside The First New And Improved Toys R Us Stores

Toys R Us declared bankruptcy in 2017 and very soon after, all of its stores went sadly out of business.…

5 years ago

America’s Biggest Dairy Provider Files For Bankruptcy As Millennials Pursue Alternatives

Dean Foods, the largest dairy company in the United States, began operations in the 1920s. Since then, it became a…

5 years ago

Sears And Kmart Closing Nearly One Hundred Stores As Millennials Ditch The Struggling Chains

Sears and Kmart have announced even more store closings.  96 stores are set to close across the United States in…

5 years ago

Toys “R” Us Stores Are Officially Coming Back To The U.S.

The CEO of Tru Kids Brands and former global chief merchandising officer at Toys "R" Us, Richard Barry, has confirmed…

5 years ago

Payless Files For Bankruptcy And Will Close All Stores

Say it isn't so! Another retailer is set to close all their stores as they file for bankruptcy. Lately, the…

6 years ago