chapter 11 bankruptcy

Party City IP Sold to Pop Culture Conglomerate for $20 Million

One of the final stages of Party City’s Chapter 11 bankruptcy is now complete — the retailer’s intellectual property (IP) and wholesale…

174-Year-Old Books Inc. Files for Bankruptcy, CEO Promises Company is ‘Not Going Away’

Californian independent bookstore chain Books Inc. has filed for Chapter 11 bankruptcy, citing “steadily rising” operating costs and changing consumer habits as…

UPDATE: Big Lots Sale to Investment Firm Approved, Paving the Way for a ‘New Phase’

[Update from Nov. 26, 2024] Big Lots has received court approval for the sale of all of its assets and ongoing business…

Vitamin Shoppe Parent Company Franchise Group Enters Chapter 11, Plans to Close American Freight

Franchise Group has filed for Chapter 11 bankruptcy as part of a restructuring agreement with its primary lenders that will allow its…

Esprit U.S. Subsidiaries File for Bankruptcy

Esprit has filed for bankruptcy protection for its U.S. subsidiaries, Esprit US Distributions Ltd. (USDS) and Esprit US Retail Inc. (USRI), according…

UPDATE: 219 LL Flooring Stores Saved from Liquidation

[Update as of Sept. 9, 2024] At the last minute, an investor has swooped in to save some LL Flooring locations from…

Rite Aid ‘Marks a New Beginning’ as Private Company with Emergence from Bankruptcy, New CEO

Rite Aid has successfully completed its financial restructuring and emerged from Chapter 11 as a private company. The chain now has a…

UPDATE: Amazon Aggregator and Former ‘Unicorn’ Thrasio Exits Bankruptcy, Names New CEO

[Update as of June 26, 2024] Amazon aggregator Thrasio has emerged from bankruptcy a little over three months after filing for Chapter…

Express Files for Bankruptcy to Facilitate Sale to WHP

A consortium led by Toys ‘R’ Us owner WHP Global that includes mall operators Simon Property Group and Brookfield Properties has offered…

Rite Aid Names New CEO as it Officially Enters Bankruptcy

Update 10/19/23 — Rite Aid plans to close 154 underperforming stores as part of its bankruptcy, according to new court filings, much…

UPDATE: Party City Emerges from Bankruptcy with Most Stores Intact

Editor’s note: This story was originally published on Sept. 7, 2023. Update from Oct. 13, 2023 — Party City has officially emerged…

Inside Century 21’s Dramatic (Re)-Entrance into NYC Retail

The return of storied off-price retailer Century 21 to its original space in NYC’s financial district this past May marked yet another…

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chapter 11 bankruptcy

Party City IP Sold to Pop Culture Conglomerate for $20 Million

174-Year-Old Books Inc. Files for Bankruptcy, CEO Promises Company is ‘Not Going Away’

UPDATE: Big Lots Sale to Investment Firm Approved, Paving the Way for a ‘New Phase’

Vitamin Shoppe Parent Company Franchise Group Enters Chapter 11, Plans to Close American Freight

Esprit U.S. Subsidiaries File for Bankruptcy

UPDATE: 219 LL Flooring Stores Saved from Liquidation

Rite Aid ‘Marks a New Beginning’ as Private Company with Emergence from Bankruptcy, New CEO

UPDATE: Amazon Aggregator and Former ‘Unicorn’ Thrasio Exits Bankruptcy, Names New CEO

Express Files for Bankruptcy to Facilitate Sale to WHP

Rite Aid Names New CEO as it Officially Enters Bankruptcy

UPDATE: Party City Emerges from Bankruptcy with Most Stores Intact

Inside Century 21’s Dramatic (Re)-Entrance into NYC Retail

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