Entries tagged "bankrupt retailers"
Retailers such as Filene's Basement, who entered bankruptcy a few years ago and reorganized, just delayed the inevitable. Will Eddie Bauer escape that fate?
As more and more retailers are deciding to liquidate instead of reorganize while in bankruptcy protection, a number of debtors are looking to sell their leases to get more cash for their creditors. So far, there aren't too many takers for them....
Worried holders of gift cards bearing the brand of bankrupt retailers such as Linens Holdings Co. (Linens 'n Things), Circuit City Stores Inc. and Tweeter Opco LLC (Tweeter): fear not. A company called Giftcardrescue.com has got you covered. ...
As far as bankruptcy filings go, BH S&B Holdings LLC's (once known as Steve & Barry's LLC) Thursday petition may have set a record, and a dubious one at that. Yes, the discount clothing store chain is bankrupt once again, a repeat offender that has entered the ignominy of Chapter 22 (not really part of the federal bankruptcy code, but just a colloquialism for a debtor whose filed for Chapter 11 twice)....
It's debatable whether congratulations are actually in order for retailers Bed Bath & Beyond Inc. and Best Buy Co. after an equity analyst upgraded both of them on Monday. ...
With retailers going down left and right, the problem of gift cards, and what happens to the holders of them, has come front and center....
