Canoo, an EV startup founded in 2017, has filed for Chapter 7 bankruptcy and has ceased operations. The downfall came after the company failed to secure funding from both the U.S. Department of ...

The company helping Big Lots through its bankruptcy process is selling the leases of more than 460 Big Lots stores across the U.S. – a sign those stores are among those likely to be closing.

The company filed for bankruptcy last month, and announced nearly all its 850 locations throughout the country would close. This comes a little more than a year after the company emerged from a ...

The national retail chain announced this week that it is declaring bankruptcy for the second time in a year. The company that saved some Big Lots stores might be the new buyer. Here's what we know.

Earn up to 10% cash back on everyday purchasesFiling for bankruptcy can cause your credit score to drop dramatically, but you won't need to suffer from bad credit forever. Depending on the type of ...

Joann, an 82-year-old fabric and craft retailer, announced it has filed for Chapter 11 bankruptcy for a second time within a year due to financial and inventory issues. The company originally ...

Jan 2 (Reuters) - Rising interest rates, inflation, higher labor costs, and post-pandemic shifts in consumer spending were common factors cited by companies that filed for bankruptcy in 2024.

Joann, a once popular craft chain, has filed for voluntary Chapter 11 bankruptcy proceedings, according to a an announcement. The filing, the release says, is to help "facilitate a sale process to ...

DAVIE, Fla. (WKRC) - A Twin Peaks franchisee has filed for bankruptcy amid a multi-million dollar lawsuit. According to Nation's Restaurant News (NRN), Florida-based franchisee DMD Ventures ...

U.S. Bankruptcy Judge Stacey Jernigan approved the sale at a court hearing in Dallas, Texas, saying that it would help preserve a well-known American brand. "I'm glad that TGI is going to continue ...

INGLEWOOD — Clippers center Ivica Zubac sat at his locker, musing over Sunday night’s game that left him shy of 20 rebounds. The 7-foot-1 center was pulled late in a blowout victory over the ...

Party City Holdco Inc., the company which owns Party City, filed for Chapter 11 bankruptcy on Dec. 21. The bankruptcy means Springfield's Party City, 3329 S. Veterans Parkway, will be closing.