Troubled convenience store chain files for Chapter 11 bankruptcy
Convenience store chains face many of the same challenges as grocery store chains and other retailers, trying to solve financial…
Tag: bankruptcy
Fintech startup Parker files for bankruptcy
Parker, a well-funded startup offering corporate credit cards and banking services for e-commerce businesses, has filed for bankruptcy and is…
BuzzFeed blows past a key debt deadline, raising the specter of bankruptcy
The company was granted an extension until May 18 on a $5 million debt payment after issuing a going-concern warning…
78-year-old furniture company stops production, plans bankruptcy
Declining furniture sales, following a multi-year housing slump and rising product and labor costs driven by inflation and higher tariffs, have been…
Retailer West Marine Readies Possible Bankruptcy to Close Stores
Boat retailer West Marine Inc. is laying the groundwork for a potential Chapter 11 bankruptcy to restructure its debt, including…
Wren Kitchens files for Chapter 7 bankruptcy. What it means for your order and next steps.
Customers who’ve spent big money on kitchen upgrades are reeling from the news that Wren Kitchens has filed for Chapter…
JetBlue CEO Says Airline Isn’t Considering Filing for Bankruptcy
JetBlue Airways Corp. Chief Executive Officer Joanna Geraghty told employees it isn’t considering filing for bankruptcy protection this year. www.bloomberg.com…
Silver Point, SVP Poised to Own Stakes in QVC After Bankruptcy
Silver Point Capital and Strategic Value Partners recently acquired a substantial amount of QVC Inc. bank debt, a company lawyer…
QVC and HSN Bankruptcy, What Does It Mean for Customers?
QVC Group — the company that owns and operates QVC and HSN, the shopping channels that have been mainstays of…
First Brands Left With Lawsuits as Major Asset After Bankruptcy
After bankrupt auto-parts maker First Brands Group sells its remaining operations and liquidates shuttered factories, its primary assets will be…