Bed Bath & Beyond preparing to file for bankruptcy within weeks

financialpost.com/news/retail-marketing/bed-bath-beyond-bankruptcy-within-weeks

Jan 06 23

Bed Bath & Beyond preparing to file for bankruptcy within weeks: The retailer is considering skipping debt payments due Feb. 1, a source said ...

reuters.com/business/retail-consumer/bed-bath-beyond-raises-going-concern-doubt-shares-fall-17-2023-01-05/

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Reuters

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Jan 05 23

Bed Bath & Beyond preparing to file bankruptcy within weeks -sources: Bed Bath & Beyond Inc (BBBY.O) is preparing to seek bankruptcy protection in coming weeks ...

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National Post

financialpost.com/news/retail-marketing/bed-bath-beyond-bankruptcy-within-weeks

Jan 06 23

Bed Bath & Beyond preparing to file for bankruptcy within weeks: The retailer is considering skipping debt payments due Feb. 1, a source said ...

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Apr 17

Red Lobster considers bankruptcy to deal with leases and labor costs: Seafood restaurant chain Red Lobster is mulling a Chapter 11 bankruptcy filing as it looks ...

chicagotribune.com/2024/04/17/red-lobster-considers-bankruptcy/

Quick Glance: Red Lobster Considers Bankruptcy

The seafood chain Red Lobster is exploring a potential Chapter 11 filing to restructure its debts, based on insider insights.

Legal guidance for Red Lobster is provided by King & Spalding. The restaurant chain is contemplating terminating long-term contracts and renegotiating a variety of leases.

A sign reading “Open For Takeout & Free Delivery” is displayed outside a Red Lobster establishment in Secaucus, New Jersey, USA.

Established in 1968 in Lakeland, Florida, Red Lobster started with a single restaurant. The introduction of their famous cheese-flavored biscuits occurred in 1992, and the chain now operates hundreds of locations in the US, Canada, and international franchises.

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Apr 17

Red Lobster may file for bankruptcy protection: report: Seafood restaurant chain Red Lobster may be headed for bankruptcy, according to a published report.

marketwatch.com/story/red-lobster-may-file-for-bankruptcy-protection-report-41f1b001

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Fort Worth Star-Telegram

star-telegram.com/news/business/article287708905.html

13h

Iconic ice cream brand files for Chapter 11 bankruptcy: The nearly 100-year-old ice cream retailer seeks to reorganize in Chapter 11.

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Apr 18

Mall retailer considers Chapter 11 bankruptcy as cash dwindles: The popular retail chain has been delisted from the New York Stock Exchange and it has met with ...

sacbee.com/news/business/article287669605.html

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20h

Bally Sports owner banks on streaming TV growth, expects Amazon Prime deal by October

omaha.com/sports/professional/bally-sports-owner-banks-on-streaming-tv-growth-expects-amazon-prime-deal-by-october/article_838a8295-0f30-5b97-b729-89145bf098c1.html

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The Kansas City Star

kansascity.com/news/business/article287567225.html

Apr 15

Bankrupt essential retailer closing more stores across nation: The huge retailer continues closing its stores in bankruptcy.

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Apr 17

Diamond Sports to Hold Vote on Bankruptcy-Exit Plan: Diamond Sports Group will hold a creditor vote on a bankruptcy-exit plan backed by Amazon.com Inc ...

bloomberg.com/news/articles/2024-04-17/sports-broadcaster-diamond-to-hold-vote-on-reorganization-plan

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21h

Rite Aid to close 17 more stores, including 6 in Pa.: The pharmaceutical retailer has announced the closing of more than 400 stores since it filed for bankruptcy ...

pennlive.com/business/2024/04/rite-aid-to-close-17-more-stores-including-6-in-pa.html

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22h

Rite Aid (RADCQ) Delays Key Bankruptcy Hearing on Deal to Cut $2 Billion in Debt: Drug store chain Rite Aid Corp. put off a key court hearing in order to ...

bloomberg.com/news/articles/2024-04-18/rite-aid-delays-key-hearing-on-bankruptcy-exit-deal-to-cut-debt

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The Dallas Morning News

dallasnews.com/business/2024/04/17/rangers-mavs-broadcaster-diamond-sports-readies-for-vote-on-bankruptcy-plan/

Apr 18

Rangers, Mavs broadcaster Diamond Sports readies for vote on bankruptcy plan: Diamond Sports Group will hold a creditor vote on a bankruptcy-exit plan backed by ...

barrons.com/articles/amc-stock-bankruptcy-inconceivable-ceo-fbc9917b

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Barron's

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Apr 17

AMC Stock Is Rising Again. Bankruptcy Is ‘Inconceivable,’ Says CEO.: Shares of the movie theater chain are rising sharply on Wednesday on the heels of a 10% rise ...

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The Charlotte Observer

charlotteobserver.com/news/business/article287512120.html

Apr 14

After Chapter 11 bankruptcy filing retail chain may get lifeline: The popular discount retailer has formally filed for Chapter 11 bankruptcy and hired a firm to ...

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Apr 12

After Chapter 11 bankruptcy filing retail chain may get lifeline

sacbee.com/news/business/article287512120.html

0

Apr 16

Law firm Kirkland conflicted in Invitae bankruptcy, DOJ watchdog says: The U.S. Department of Justice's bankruptcy watchdog said on Monday that genetic test ...

reuters.com/legal/government/law-firm-kirkland-conflicted-invitae-bankruptcy-doj-watchdog-says-2024-04-16/

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Apr 16

Law firm accused of fraud in Louisiana hurricane suits files for bankruptcy in Texas

theadvocate.com/baton_rouge/news/business/mma-law-firm-accused-of-la-hurricane-fraud-files-bankruptcy/article_e9132697-c96d-5f9e-b285-71b4b47b4c7f.html

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Apr 15

Vancouver-based BowFlex sold for $37.5 million: A federal bankruptcy court has approved the sale of Vancouver-based BowFlex to Johnson Health Tech Retail for $37 ...

columbian.com/news/2024/apr/15/vancouver-based-bowflex-sold-for-37-5-million/

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San Antonio Express-News

expressnews.com/business/article/el-7-mares-guillermos-bankruptcy-restaurants-19393247.php

Apr 13

San Antonio eateries El 7 Mares, Guillermo’s file for bankruptcy: El 7 Mares LLC and Guillermo’s LLC are the latest San Antonio restaurant operators to seek ...

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Apr 07

Popular discount retailer shuts down all stores, liquidating: While it has not technically filed for Chapter 11 or Chapter 7 bankruptcy, the company will be ...

sacbee.com/news/business/article287461685.html

Quick Glance: 99 Cents Only to Close All 371 Stores and Cease Longstanding Business

After more than four decades, 99 Cents Only will close all 371 of its stores and cease its business operations.

The decision was made due to various challenges, including the COVID-19 pandemic, shifting consumer demand, inflationary pressures, and increasing levels of shrinkage.

The closure of 99 Cents Only reflects a broader weakness in the dollar-store category, with other major retailers also announcing store closures.

Established in 1982 in Los Angeles, 99 Cents Only was a trailblazer in single-price retail and faced pressure from rising wages and competition from larger chains.

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Fort Worth Star-Telegram

star-telegram.com/news/business/article287392045.html

Apr 08

Popular shoe brand files for Chapter 11 bankruptcy: The company has between $500,000 million and $1 billion in debt.

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Apr 10

New owners of bankrupt German retailer Galeria to keep 70 stores open ｜ DPA: The new owners of bankrupt German department store chain Galeria Karstadt Kaufhof ...

nordot.app/1150799434618568721

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Barron's

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Apr 11

Pennies From Heaven: Dollar Tree, Dollar General Boosted by 99 Cents Bankruptcy: Dollar Tree could be the biggest beneficiary as 99 Cents Only Stores closes ...

barrons.com/articles/dollar-tree-stock-dollar-general-99-cents-2034cb1b

Milwaukee Journal Sentinel

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jsonline.com/story/money/real-estate/commercial/2024/04/11/milwaukee-marriott-files-for-chapter-11-bankruptcy-hotel-remains-open/73286242007/

Apr 11

Downtown Marriott files Chapter 11. It stays open while reorganizing, including public debt

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Apr 09

Rite Aid to close 39 more stores, including 6 in Pa.: The company has announced the closing of more than 400 of its stores since filing for bankruptcy in October ...

pennlive.com/news/2024/04/rite-aid-to-close-39-more-stores-including-6-in-pa.html

screendaily.com/news/cinemacon-amc-head-dismisses-notion-that-exhibitor-will-file-for-bankruptcy/5192341.article

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Screendaily Apr 11

CinemaCon: AMC head dismisses notion that exhibitor will file for bankruptcy: Session also hears from Academy CEO, top Disney executive.

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fashionista.com/2024/04/haute-couture-week-2024-paris-olympics-impacts

Fashionista (website)

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Apr 08

Must Read: Haute Couture Fashion Week Impacted by Paris Olympics, Gigi Hadid Fronts Miu Miu Bag Campaign

Quick Glance: Impact of Paris Olympics on Haute Couture Fashion Week

Paris Haute Couture Fashion Week is heavily impacted by extensive preparations for the 2024 Paris Olympics.

Traffic disruptions and rising travel costs strain the budgets of many brands.

Miu Miu celebrates its signature matelassé in iconic styles with Gigi Hadid in a new campaign.

Multiple fashion brands and suppliers have enlisted lawyers to address issues related to Matches' bankruptcy.

1 similar article

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Screendaily Apr 07

The Centrepiece interview: Cineworld CEO Eduardo Acuna on bankruptcy recovery, ticket prices and 2024 slate

screendaily.com/features/the-centrepiece-interview-cineworld-ceo-eduardo-acuna-on-bankruptcy-recovery-ticket-prices-and-2024-slate/5192069.article

nordot.app/1150354733300646498

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dpa.com

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Apr 09

Consortium set to buy bankrupt German retailer Galeria, sources say: A consortium led by the US private investment firm NRDC Equity Partners and German ...

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Fort Worth Star-Telegram

star-telegram.com/news/business/article287231690.html

Apr 04

Movie theater chain rises after bankruptcy, reportedly seeks sale: Popular dine-in movie theater chain is reportedly seeking another sale after emerging from ...

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Apr 02

Letitia James Gets Bad News About Trump Property She Wants: Trump's 40 Wall Street value drop complicates AG James' seizure plans, with bankruptcy looming as ...

newsweek.com/letitia-james-trump-40-wall-street-valuation-legal-challenge-forbes-analysis-1886187

Quick Glance: Trump's $175M Bond and Property Seizure Case Overview

Former President Trump has secured a $175 million bond in his civil fraud case, keeping his most prized properties from being seized - at least temporarily.

Judge Arthur Engoron found Trump, his company, and top executives liable for fraud, ordering them to pay a penalty of $464 million plus interest, with Trump alone owing $454 million.

Despite the temporary halt, Trump still owes the state $454 million from the judgment, which increases daily, potentially leading him back into financial jeopardy.

An appeal could result in a significant financial setback for Trump, challenging the monumental fine and other penalties imposed in the case.

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Apr 03

Express could file for bankruptcy soon: Plans of the private negotiation have not been finalized and could change

qz.com/express-chapter-11-bankruptcy-1851383010

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Apr 06

Jorge Paulo Lemann Says Trying to Save Americanas After $5 Billion Fraud: Jorge Paulo Lemann, the billionaire Brazilian dealmaker, said that together with his ...

bloomberg.com/news/articles/2024-04-06/jorge-paulo-lemann-says-trying-to-save-americanas-after-5-billion-fraud

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The Charlotte Observer

charlotteobserver.com/news/business/article287431070.html

Apr 06

The 5 most startling Chapter 11 retailer bankruptcies since 2020: The pandemic sent waves through the economy, and since its onset, many businesses have filed ...

0

Apr 05

Rite Aid plans to close 2 more Sacramento-area locations amid bankruptcy. See where

sacbee.com/news/local/article287421675.html

wwd.com/business-news/business-features/matches-bankruptcy-brands-lawyers-1236300959/

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WWD

C

Apr 05

Brands Call In Lawyers to Deal With Matches Bankruptcy Headache: Fashion, luxury brands that supplied Matches are hoping to claw back outstanding payments for ...

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Apr 05

US businessman among bidders for bankrupt German mall chain, WiWo reports: The investment firm of US businessman Richard Baker (NRDC) is among the two remaining ...

reuters.com/business/us-businessman-among-bidders-bankrupt-german-mall-chain-wiwo-reports-2024-04-05/

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Apr 01

Retail chain fights to stop Chapter 11 bankruptcy, store closures: The popular brand wants a pause in the Chapter 11 bankruptcy process that could help it avoid ...

miamiherald.com/news/business/article287240300.html

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The Philadelphia Inquirer

C+

Apr 03

Philly mall owner PREIT emerges from its second bankruptcy with new leadership : PREIT reduced its debt load in bankruptcy reorganization by $800 million but ...

inquirer.com/business/preit-bankruptcy-cherry-hill-mall-new-ceo-20240403.html

0

Quartz

qz.com/stock-market-nervous-eyes-on-the-fed-1851384268

Apr 03

Stocks stay in neutral as investors anxiously await the Fed: There was some recovery on indexes, but not enough to offset the losses

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FN

footwearnews.com/business/mergers-acquisitions/shoes-for-crews-undergoes-restructuring-sale-process-1203607753/

Apr 02

Shoes For Crews Undergoes Restructuring For Sale Process: The U.S. based entities of slip-resistant footwear company Shoes for Crews has filed voluntary ...