Entries tagged "bankrupt retailer"
Steve & Barry's LLC filed for bankruptcy protection for a second time just four months after its first petition was made in July. That's pretty bad, but what's even worse is the discount clothing retailer was bought by private equity firm Bay Harbour Management LLC for $163 million only in August and trumpeted the move. ...
Now that you need a bigger mattress to hide your life's savings, maybe it's time to stock up on new sheets. If so, then head over to bankrupt Linens 'n Things Inc. stores for its liquidation sale, which will begin Friday. The Clifton, N.J.-based retailer was forced to liquidate after it failed to find a buyer -- much to the dismay of its private equity owner Apollo Management LP. ...
