0$0.00

No products in the cart.

Tag: chapter

Furniture Factory Outlet Files for Chapter 11

Furniture Factory Outlet (FFO Home) joins the growing ranks of retailers seeking bankruptcy protection due to losses created by the pandemic. The home goods retailer, which is owned by private equity firm Sun Capital Partners, filed for Chapter 11 in Delaware last week, and is hoping for a sale. Currently, furniture retailer American Freight has …

Furniture Factory Outlet Files for Chapter 11Read More

The Paper Store Files For Chapter 11, Anticipates A Quick Sale

In its Chapter 11 bankruptcy filing on July 14, Paper Store LLC, known to consumers as The Paper Store, declared that “the sudden economic impact of the global COVID-19 pandemic derailed” the 86-store stationery and gift chain’s “optimistic prospects for the future.” Despite the pandemic-related store closings, The Paper Store, which operates in seven Northeastern …

The Paper Store Files For Chapter 11, Anticipates A Quick SaleRead More

Pizza Hut’s largest U.S. franchisee files for Chapter 11 bankruptcy

A customer enters a Pizza Hut restaurant in Princeton, Illinois. Daniel Acker | Bloomberg | Getty Images NPC International, the largest U.S. franchisee of Yum Brands’ Pizza Hut, filed for Chapter 11 bankruptcy on Wednesday. The company operates more than 1,200 Pizza Huts and nearly 400 Wendy’s restaurants. In contrast to most of the restaurant industry, Pizza …

Pizza Hut’s largest U.S. franchisee files for Chapter 11 bankruptcyRead More

Chuck E. Cheese parent files for Chapter 11 bankruptcy

Chuck E Cheese’s restaurant and games in Lakewood, California. Juan Camilo Bernal | Getty Images Chuck E. Cheese’s parent company CEC Entertainment said Thursday it has filed for Chapter 11 bankruptcy protection after venue closures stemming from the coronavirus pandemic roiled its business. The company, which is owned by private equity firm Apollo Global Management, …

Chuck E. Cheese parent files for Chapter 11 bankruptcyRead More

Coronavirus: True Religion files for Chapter 11 bankruptcy

Designer jeans company True Religion has filed for Chapter 11 bankruptcy protection for the second time in three years, citing difficulties due to the coronavirus pandemic. In a court filing, the denim retailer said it would have preferred to wait out the current period of lockdowns and instability in financial markets but “simply could not …

Coronavirus: True Religion files for Chapter 11 bankruptcyRead More

Fairway files for Chapter 11 bankruptcy, will close some stores

New York-based grocery chain Fairway Market has filed for Chapter 11 bankruptcy protection and plans to shut up to five of its 14 locations, along with a distribution center. The company said Thursday morning that ShopRite and Gourmet Garage owner Village Super Market has agreed to make a stalking horse asset purchase of as much …

Fairway files for Chapter 11 bankruptcy, will close some storesRead More

NY grocer Fairway says no plans to file for Chapter 7 bankruptcy

New York-based grocery chain Fairway Market said Wednesday morning it has no plans to file for Chapter 7 bankruptcy, following a report that said it was preparing to do so. “Despite reports, Fairway Market has no intention to file for chapter 7 or liquidate all of its stores,” a spokesman told CNBC in an emailed …

NY grocer Fairway says no plans to file for Chapter 7 bankruptcyRead More