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Tag: files

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 …

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Brooks Brothers files for bankruptcy, as it seeks buyer, closes stores

The coronavirus pandemic has now claimed one of the country’s oldest and most prestigious retailers. Brooks Brothers  — pioneer of the polo and uniform of the polished prepster — filed for bankruptcy on Wednesday, as it continues to search for a buyer. The retailer, which is more than two centuries old, boasts of having dressed …

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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 …

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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, …

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202 immediate job cuts as Oasis & Warehouse files for administration

// Oasis and Warehouse group files for administration, appointing Deloitte to handle the process // 202 jobs have been made redundant, while 1800 others are on furlough // Oasis, Warehouse & The Idle Man continue to trade online in the short-term while administrators assess options An immediate 202 jobs have been made redundant and a …

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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 …

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Walmart employee’s family files wrongful death lawsuit

Walmart logo is seen at a store in Mountain View, California, United States on Tuesday, November 19, 2019. Yichuan Cao | NurPhoto | Getty Images The family of a Walmart employee in Illinois who died from complications of COVID-19 filed a wrongful death lawsuit Monday, alleging the retailer knew about the man’s symptoms and disregarded …

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Thailand files complaint against e-commerce platform Lazada for overpriced masks, Retail News, ET Retail

BANGKOK, – Thailand‘s Commerce Ministry on Wednesday filed a complaint against the Alibaba backed e-commerce platform Lazada after investigations found that surgical masks were being sold at excessively high prices, a senior official said. The country, which has 59 confirmed coronavirus cases, last month classified surgical masks and hand sanitiser as controlled goods, allowing it …

Thailand files complaint against e-commerce platform Lazada for overpriced masks, Retail News, ET RetailRead More

E-vendor group files caveat in SC, Retail News, ET Retail

Bengaluru: Following the National Company Law Appellate Tribunal (NCLAT) order last week to begin a probe into Flipkart for abuse of its dominant position, the All India Online Vendors Association (AIOVA) has filed a caveat in the Supreme Court against the Walmart-owned e-tailer. The move by AIOVA, the group representing small e-vendors, comes in anticipation …

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Pier 1 files for Ch. 11 bankruptcy as talks with potential buyers continue

Luke Sharrett | Bloomberg | Getty Images Pier 1 announced Monday that it began Chapter 11 bankruptcy proceedings in Virginia and that it is pursuing a sale of the company. The home furnishings chain said in a release that it filed for bankruptcy in the U.S. Bankruptcy Court in Richmond, Virginia, after warning in less than …

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