Rite Aid files for bankruptcy
Rite Aid, which filed for bankruptcy twice in two years, will potentially close dozens of additional locations.
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Bankruptcy
Spirit Airlines files for chapter 11 bankruptcy protection
Spirit Airlines has filed for Chapter 11 bankruptcy protection following significant financial struggles due to mounting losses and debt maturities, the airline announced Monday.
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Spirit stock tumbles amid bankruptcy talks
Despite repeated reassurances that Spirit Airlines (SAVE) would be able to recover from rising debt and a blocked acquisition by JetBlue Airways (JBLU) , the airline is now talking to bondholders about a restructuring plan in which a Chapter 11 filing is a possibility.
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Remember Tupperware? The decades-old, iconic kitchen staple company has filed for bankruptcy
Tupperware Brands Corporation has filed for bankruptcy, just months after the iconic American food storage container maker shuttered its last remaining plant in the U.S. amid financial woes.
Big Lots files for bankruptcy, will close some stores amid sale to investment firm
About three months after Big Lots noted “substantial doubt about the Company’s ability to continue” in a U.S. Securities & Exchange Commission (SEC) filing, the company said on Monday it has secured $707.5 million to support its operations and sell its business to private equity firm Nexus Capital.
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What’s a Red Lobster restaurant worth? Depends where it is located in Colorado
The online auction ended Thursday for the contents of four closed Colorado Red Lobster restaurants, and the winning bids were in the tens of thousands of dollars.
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After closing 48 locations, signs of a Chapter 11 bankruptcy filing exist for Red Lobster chain
The big food court in the sky, or maybe it’s a downtown entertainment district, features a lot of restaurants that once had a big following. You may not remember them all, but some brands that were once huge, fell into irrelevancy and then went away.