Mattress Bathtub & Past, which shut all its shops greater than two years in the past after submitting for chapter, is again. The corporate, rebranded as Mattress Bathtub & Past Residence, opened a brick-and-mortar retailer in Nashville, Tennessee, on Friday.
Steward Well being Care, an embattled hospital chain that has been the focus of federal scrutiny, has filed new courtroom papers blaming the corporate’s monetary woes on its founding chief government. The corporate alleges that the ex-CEO and three former colleagues misappropriated a whole lot of thousands and thousands of {dollars} and drove the chain…
At Residence, the house decor and furnishings retailer with greater than 200 places in the US, is submitting for chapter. The favored retail chain introduced Monday that it’s getting into Chapter 11 safety as a part of a restructuring settlement supposed to eradicate $2 billion in debt and supply $200 million in capital to help…
Regeneron has agreed to purchase 23andMe, the as soon as buzzy genetic testing firm, out of chapter for $256 million below a court-supervised sale course of. 23andMe declared chapter in March and introduced it could search a purchaser, whereas additionally saying that co-founder and CEO Anne Wojcicki would resign. Underneath the proposed settlement with Regeneron,…
Might 13, 2025 03:59 AM IST A number of extra JCPenney areas are completely closing their doorways this month, marking one other spherical of retailer shutdowns. A full listing of affected areas. Extra JCPenney shops are closing down within the subsequent two weeks. Throughout seven states, seven areas are shutting their doorways completely. Since submitting…
Officers, together with California’s legal professional basic, query what’s going to occur to the info collected by the agency. Genetic testing agency 23andMe has filed for Chapter 11 chapter safety in the USA amid weak demand and losses from a 2023 knowledge breach. Its co-founder and CEO has resigned. San Francisco-based 23andMe introduced on Sunday…
Pittsburgh-area customers say they don’t seem to be pleased about Joann closures Pittsburgh-area customers say they don’t seem to be pleased about Joann closures 01:51 Joann goes out of enterprise, with the greater than 80-year-old cloth and crafts retailer set to shut all of its shops nationwide after submitting for Chapter 11 chapter safety for…
Hooters of America, which is a sequence of eating places and cafes, is reportedly heading in direction of chapter and for this function, it’s working with collectors to develop a plan to restructure its enterprise. Hooters is collaborating with the legislation agency Ropes & Grey to arrange for a submitting(Unsplash) The restaurant, well-known for its…
The low cost chain Large Heaps, which filed for chapter safety in September, has reached a deal that can preserve a whole bunch of its shops and distribution facilities open. Large Heaps mentioned Friday it is going to be bought to Gordon Brothers Retail Companions, a agency that focuses on distressed firms. Gordon Brothers will…
Standard retail chain Social gathering Metropolis filed for chapter safety Saturday, a day after it disclosed to workers that it could be implementing mass layoffs at its New Jersey headquarters. The submitting was made in chapter courtroom within the Southern District of Texas, in line with courtroom paperwork obtained by CBS Information. The corporate had…
