It surprised many when Eddie Lampert, chairman of embattled retailer Sears (SHLD), Thursday came up with a fresh offer to acquire the department store chain…
Posts tagged as Bankruptcy
Shares of Sears Holdings (SHLD) plummeted on Wednesday on reports that the struggling retailer is expected to file for Chapter 11 Bankruptcy Protection in a…
Last week, America’s largest mattress company – Mattress Firm – became the latest victim of the retail apocalypse, filing for Chapter 11 at Denver Bankruptcy…
Mattress Firm, the biggest retailer of beds in the US, on Friday filed for Chapter 11 bankruptcy protection in a move to restructure the troubled…
For the second time in the past four years, retail chain Brookstone has filed for Chapter 11 bankruptcy due to weak sales from its brick-and-mortar…
Tesla (TSLA) is facing tough times ahead as the automaker’s aggressive Model 3 production strategy in meeting deadlines failed as per plan. In the midst…
Ohio-based FirstEnergy Corp’s (FE) debt-ridden subsidiaries have filed for Chapter 11 bankruptcy. The power generator made this announcement just days after it revealed the company’s…
The fourth-largest mobile network operator in the country, Sprint Corp (S), hit an all-time low of $4.81 on Wednesday, as markets remained concerned that 5G…
Remington filed for Chapter 11 bankruptcy protection after two centuries in the gun manufacturing business. The country’s oldest gun maker has been struggling with falling…
While filing for Chapter 11 bankruptcy protection in September last year, Toys “R” Us had stated that it would continue running its stores as usual.…