True Value Company is an American hardware store founded in 1948 and headquartered in Chicago, Illinois. It sells home improvement goods and hardware supplies and has over 4,000 independently owned stores across the U.S. and globally. According to reports, True Value has filed for Chapter 11 bankruptcy protection due to challenges caused by inflation and…
Tupperware Files For Bankruptcy
Tupperware is an American company that manufactures and internationally distributes preparation, storage, and serving containers for the kitchen and home. It was founded in 1946 and is headquartered in Orlando. According to reports, Tupperware recently filed for Chapter 11 bankruptcy protection due to slow demand for its once-iconic food storage containers, as well as financial…
BurgerFi Files For Bankruptcy
BurgerFi International, Inc. is an American hamburger restaurant chain founded in 2011 and headquartered in Fort Lauderdale, Florida. It serves high-quality burgers, sandwiches, and other American-style comfort food. According to reports, BurgerFi recently filed for Chapter 11 bankruptcy protection due to months of financial difficulties as well as a decline in post-pandemic consumer spending and…
Big Lots Files For Bankruptcy
Big Lots Inc. is an American discount retail chain, founded in 1967 and headquartered in Columbus, Ohio, United States. It offers a wide range of products at affordable prices. According to reports, Big Lots has filed for Chapter 11 bankruptcy protection due to declining sales caused by inflation and rising interest rates. It plans to…
LL Flooring Files For Bankruptcy
LL Flooring, formerly known as Lumber Liquidators Flooring, is an American retailer of hard-surface flooring founded in 1994 and headquartered in Richmond, Virginia. It specializes in hardwood flooring, laminate flooring, vinyl plank flooring, tile flooring, bamboo flooring, and cork flooring, as well as flooring tools and accessories. According to reports, LL Flooring recently filed for…
Bob’s Store Is Shutting Down
Bob’s Stores is a chain of retail stores in the northeastern United States, founded in 1954 and headquartered in Meriden, Connecticut. It offers a wide range of products such as clothing, footwear, and outdoor gear. According to reports, Bob’s Stores recently filed for Chapter 11 bankruptcy protection due to unpaid debts and, as a result,…
Fisker Files for Bankruptcy
Fisker Inc., the American automotive company, recently filed for Chapter 11 bankruptcy protection due to financial difficulties as well as software and mechanical problems. According to reports, Fisker is looking for a buyer for its assets, with estimated assets of $500 million to $1 billion USD and debts between $100 million and $500 million USD….
Red Lobster Files For Bankruptcy
Red Lobster Hospitality, LLC is an American casual dining restaurant chain founded in 1968 and headquartered in Orlando, Florida. The company is known for its crab, lobster, and shrimp dishes. As of 2024, it operates in over 500 locations worldwide. According to reports, Red Lobster has filed for Chapter 11 bankruptcy, citing macroeconomic conditions as…
Express Files For Bankruptcy
Express, Inc. is an American fashion retailer founded in 1980 and operates an omnichannel platform as well as physical and online stores. The company is headquartered in Columbus, Ohio, and operates three major brands: Express, Bonobos, and UpWest. According to reports, Express has filed for Chapter 11 bankruptcy protection as a result of debt and…
BowFlex Files for Bankruptcy
BowFlex Inc. formerly known as Nautilus, Inc., is a marketer, and manufacturer of fitness equipment. It was founded in 1986 with its headquarters in Washington, USA. According to reports, BowFlex recently filed for Chapter 11 bankruptcy as a result of post-pandemic and macroeconomic conditions. The report further mentions that Johnson Health Tech would acquire all…