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Bed Bath & Beyond stock price sinks 35% on debt default warning: The stock hit an intraday low of $2.10, down 35%, and triggered two trading halts during ...
markets.businessinsider.com/news/stocks/bed-bath-beyond-stock-price-default-notice-bankruptcy-loan-debts-2023-1
Bed Bath & Beyond shares plunge after retailer warns it doesn't have the cash to pay down debts
cnbc.com/2023/01/26/bed-bath-and-beyond-warns-it-doesnt-have-cash-to-pay-debts.html
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Bed Bath & Beyond stock price sinks 35% on debt default warning: The stock hit an intraday low of $2.10, down 35%, and triggered two trading halts during ...
markets.businessinsider.com/news/stocks/bed-bath-beyond-stock-price-default-notice-bankruptcy-loan-debts-2023-1
Bed Bath & Beyond shares plunge after retailer warns it doesn't have the cash to pay down debts
cnbc.com/2023/01/26/bed-bath-and-beyond-warns-it-doesnt-have-cash-to-pay-debts.html
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.
Express files for Chapter 11 bankruptcy protection, announces store closures, possible sale
chicagotribune.com/2024/04/22/express-files-for-chapter-11-bankruptcy-protection-announces-store-closures-possible-sale/
Restaurant chain Tijuana Flats files for bankruptcy, announces closure of 11 locations
usatoday.com/story/money/food/2024/04/22/tijuana-flats-bankruptcy-closing-locations/73409662007/
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
McKinsey faces US criminal probe over opioids work, sources say: McKinsey & Co is under criminal investigation in the United States over allegations that the ...
reuters.com/business/healthcare-pharmaceuticals/mckinsey-faces-us-criminal-probe-over-opioids-work-sources-say-2024-04-24/
Quick Glance: Investigation against McKinsey in the US over involvement in the opioid industry
- A grand jury was established to examine evidence related to consulting for pharmaceutical companies involved in the addiction epidemic.
- McKinsey is under a criminal investigation in the US for its involvement with opioid manufacturers.
- Furthermore, federal prosecutors are looking into whether the company impeded justice through its actions as concerns about its work grew.
- According to a source, the US Department of Justice has been scrutinizing McKinsey's activities for several years, with a grand jury now set up in Virginia to review evidence.
Nationwide fast-food chain files surprise Chapter 11 bankruptcy: The nationwide chain faced deep competition that led to huge financial problems.
sacbee.com/news/business/article287854890.html
Restaurant chain files for bankruptcy, closes 11 locations: The chain was founded 30 years ago.
pennlive.com/business/2024/04/restaurant-chain-files-for-bankruptcy-closes-11-locations.html
Express clothing retailer closing Santa Clara and Emeryville stores; sales start today
mercurynews.com/2024/04/23/express-clothing-retailer-closing-santa-clara-and-emeryville-stores-sales-start-today/
Red Lobster seeks a buyer as it looks to avoid bankruptcy filing: Beleaguered seafood chain Red Lobster is looking for a buyer to avoid filing for bankruptcy as ...
cnbc.com/2024/04/25/red-lobster-seeks-a-buyer-as-it-looks-to-avoid-bankruptcy-filing.html
Since Rite Aid filed for bankruptcy, these 56 Pa. stores are on the chopping block
pennlive.com/business/2024/04/since-it-filed-for-bankruptcy-rite-aid-has-announced-the-closing-of-these-56-pa-stores.html
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Red Lobster Is Reportedly Heading For Bankruptcy After Losing Millions On Endless Shrimp
delish.com/food-news/a60524728/red-lobster-bankruptcy/
Express will close more than 100 stores after filing for bankruptcy: The fashion retailer said it plans to conduct business as usual and without interruption
qz.com/express-chapter-11-bankruptcy-store-closures-1851426096
Taco Bell rival files Chapter 11 bankruptcy; sells company
miamiherald.com/news/business/article287854890.html
See which Tijuana Flats in Tampa Bay have closed after bankruptcy filing: Other local locations will remain open.
tampabay.com/life-culture/food/food-news/2024/04/22/tampa-bay-tijuana-flats/
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Iconic ice cream brand files for Chapter 11 bankruptcy: The nearly 100-year-old ice cream retailer seeks to reorganize in Chapter 11.
star-telegram.com/news/business/article287708905.html
Beloved seafood restaurant chain is considering bankruptcy: The chain would be able to continue operating during Chapter 11 bankruptcy.
pennlive.com/business/2024/04/beloved-seafood-chain-is-considering-chapter-11-bankruptcy.html
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Red Lobster considers bankruptcy. Are Ohio locations affected? What we know: Red Lobster is looking to file for Chapter 11 bankruptcy. Are restaurants in Ohio ...
cincinnati.com/story/news/2024/04/22/red-lobster-bankruptcy-restaurants-ohio-stay-open-what-we-know/73414463007/
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
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
Bankrupt essential retailer closing more stores across nation: The huge retailer continues closing its stores in bankruptcy.
kansascity.com/news/business/article287567225.html
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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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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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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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 ...
dallasnews.com/business/2024/04/17/rangers-mavs-broadcaster-diamond-sports-readies-for-vote-on-bankruptcy-plan/
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 ...
barrons.com/articles/amc-stock-bankruptcy-inconceivable-ceo-fbc9917b
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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 ...
charlotteobserver.com/news/business/article287512120.html
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/
After Chapter 11 bankruptcy filing retail chain may get lifeline
sacbee.com/news/business/article287512120.html
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
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 ...
expressnews.com/business/article/el-7-mares-guillermos-bankruptcy-restaurants-19393247.php
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/
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.
Popular shoe brand files for Chapter 11 bankruptcy: The company has between $500,000 million and $1 billion in debt.
star-telegram.com/news/business/article287392045.html
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
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
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Downtown Marriott files Chapter 11. It stays open while reorganizing, including public debt
jsonline.com/story/money/real-estate/commercial/2024/04/11/milwaukee-marriott-files-for-chapter-11-bankruptcy-hotel-remains-open/73286242007/
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
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CinemaCon: AMC head dismisses notion that exhibitor will file for bankruptcy: Session also hears from Academy CEO, top Disney executive.
screendaily.com/news/cinemacon-amc-head-dismisses-notion-that-exhibitor-will-file-for-bankruptcy/5192341.article
Must Read: Haute Couture Fashion Week Impacted by Paris Olympics, Gigi Hadid Fronts Miu Miu Bag Campaign
fashionista.com/2024/04/haute-couture-week-2024-paris-olympics-impacts
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.
Consortium set to buy bankrupt German retailer Galeria, sources say: A consortium led by the US private investment firm NRDC Equity Partners and German ...
nordot.app/1150354733300646498
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