Big Lots Rescue Deal Faces Creditor Opposition Amid Bankruptcy
Big Lots Inc. faces a critical juncture as creditors challenge its proposed rescue deal during bankruptcy proceedings, casting uncertainty on the retailer's future.
Topic
Bankruptcy
A collection of 48 issues
Retail and Restaurant Bankruptcies Surge in 2024
Coresight Research reports a spike in retail bankruptcies to 48 in 2024, up from 25 in 2023, while 22 restaurant chains filed for bankruptcy, marking a four-year high.
Retail and Kitchenware Giants File for Bankruptcy Amid Economic Challenges
Retailers and kitchenware brands like Tupperware and Instant Brands face bankruptcy due to inflation and high interest rates. Discover the impact on the retail landscape.
Synapse Financial Technologies Files for Bankruptcy
Synapse Financial Technologies' bankruptcy highlights risks in tech-driven financial services, leaving customers with significant shortfall concerns.
Synapse Financial Technologies Files for Bankruptcy, Exposing Non-Traditional Banking Risks
Synapse Financial Technologies' bankruptcy filing underscores the inherent risks in non-traditional banking models. Explore its impact on fintech stability.
LL Flooring Files for Chapter 11 Bankruptcy, Closes 94 Stores
LL Flooring Holdings, Inc. has filed for Chapter 11 bankruptcy, leading to the closure of all 94 U.S. stores and over 2,000 layoffs. Discover the impact on the flooring industry.
Big Lots Files for Chapter 11 Bankruptcy, Closing Over 400 Stores
Big Lots is filing for Chapter 11 bankruptcy, closing over 400 stores. Liquidation sales at 963 locations underway. Discover the impact on retail landscape.
LL Flooring Files for Bankruptcy, Closes 94 Stores, Lays Off 2,000
LL Flooring Holdings, Inc. declares Chapter 11 bankruptcy, leading to the closure of 94 stores and the layoff of over 2,000 employees. Discover the latest updates.
Big Lots Files for Chapter 11 Bankruptcy, All Stores to Close
Big Lots has filed for Chapter 11 bankruptcy, leading to the closure of over 400 stores and going-out-of-business sales at its remaining 963 locations.
Business Bankruptcies Surge by 33.5% in 2024
Discover how business bankruptcy filings surged 33.5% in the first nine months of 2024, rising from 17,051 to 22,762. Explore the factors behind this economic shift.