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On May 4, 2023, following the collapse of its former parent company, Bed Bath & Beyond, Christmas Tree Shops announced that it was preparing to file for Chapter 11 bankruptcy protection; [15] the chain and its parent company, Handil Holdings, filed for Chapter 11 bankruptcy the next day, May 5. [16] Ten underperforming stores were closed following the filing, in hopes of allowing the company ...
As of May 2022, parent company Lehman Brothers Holdings, Inc. remained in liquidation before the Bankruptcy Court for the Southern District of New York. Caretaker offices in the US and abroad have continued to oversee payments to the company's creditors. [1]
Sears Holdings Corporation was an American holding company headquartered in Hoffman Estates, Illinois. It was the parent company of the chain stores Kmart and Sears and was founded after the former purchased the latter in 2005. [7] It was the 20th-largest retailing company in the United States in 2015. [8] It filed for Chapter 11 bankruptcy on October 15, 2018, and sold its assets to ESL ...
AMC CEO praises retail investors as Britain's Cineworld Group, the parent company of Regal Cinemas, files for bankruptcy.
Ascena Retail Group, Inc., is an American retailer of women's clothing. Ascena also owns Lane Bryant clothing store brand, and is the parent company of Ann Inc., operator of Ann Taylor and Loft stores.
The company began prepackaged Chapter 11 proceedings in the U.S. Bankruptcy Court for the Southern District of Texas on Jan. 7.
The parent company of Regal Cinemas is preparing to file for bankruptcy amid consumers' slow return to movie theaters, according to a report from the Wall Street Journal.
Bang Energy. Fuel Your Destiny! Bang Energy is an American brand of energy drinks made by Vital Pharmaceuticals, a corporation located in Florida. As of 2023, Bang was the fourth-highest-selling energy drink in the United States, behind Monster, Red Bull and Celsius. [1] On July 31, 2023, Monster Beverage acquired Vital Pharmaceuticals for $362 ...