bankruptcy Archives - Page 3 of 3 - Multichannel Merchant

Gymboree to File for Bankruptcy, Close Stores

January 17, 2019 | Daniela Forte

Gymboree could file for bankruptcy protection as early as this week, according to CNBC, the company’s second filing in less than two years. The company is also is also looking to sell its Janie & Jack brand, which has 139 stores, and close hundreds of other locations.

Parent of Mattress Warehouse, Sleep Outfitters Files for Bankruptcy Protection

January 14, 2019 | Daniela Forte

Innovative Mattress Solutions, parent of Mattress Warehouse, Sleep Outfitters and Mattress King brands, has joined the long line of retailers filing for Chapter 11 bankruptcy protection, The Wall Street Journal reported. The company’s 142 stores under the three brands remain open but its retail footprint is being reviewed, the CEO said.

David’s Bridal Files Chapter 11, Stores Remain Open

November 20, 2018 | Mike O'Brien

Dealing with a mountain of debt and less business coming in the door, David’s Bridal is the latest in a string of retailers to file for Chapter 11 bankruptcy protection.

Sears May File For Bankruptcy Before Monday Debt Payment

October 11, 2018 | Daniela Forte

As the Oct. 15 date looms for a $134 million debt payment, Sears could file for bankruptcy, according to several media reports. Here is a look back at what Sears has done recently did in attempting to save its brand from bankruptcy.

Toys R Us, Geoffrey Looking to Come Back Again

October 3, 2018 | Mike O'Brien

Toys R Us, the on-again, off-again toy retailer, is looking for another reboot, less than four months after closing its remaining stores, according to investors that acquired its assets out of bankruptcy court.

National Stores Files Chapter 11, Plans to Close 22% Of its Stores

August 7, 2018 | Mike O'Brien

Discount retailer National Stores, which owns the Fallas, Factory 2-U, Weiner’s, Conway and Anna’s Linens brands, joined the growing list of Chapter 11 filings on Monday, the company reported, blaming a 2017 data breach, the 2014 purchase of Conway and a brutal environment.

Brookstone Files for Chapter 11 Bankruptcy

August 2, 2018 | Daniela Forte

Brookstone is filing for Chapter 11 bankruptcy protection and announced it would be closing 101 mall locations, claiming declining mall traffic as the culprit. Here is what CEO Piau Phang Foo had to say about the decision and the continuing operation of the business in other channels.

Toys R Us Closing 200 More Stores, Prospects Growing Dim

February 23, 2018 | Mike O'Brien

Embattled toy and game chain Toys R Us plans to close another 200 stores, and its web relaunch didn’t happen on schedule, prompting many observers to cast doubts on its future viability. This is on top of a previously announced closure of 170 stores in April.

Toys “R” Us Files for Chapter 11 Bankruptcy

September 19, 2017 | Daniela Forte

Toys ‘R’ Us Inc., announced it has filed for Chapter 11 bankruptcy in an effort to restructure its outstanding debt and establish a sustainable capital structure that will enable it to invest in long-term growth.

Alfred Angelo Files for Chapter 7 Bankruptcy, Closing All Stores

July 17, 2017 | Daniela Forte

Bridal wear seller Alfred Angelo filed for Chapter 7 bankruptcy on July 14. As a result, its stores and wholesale business have closed down. Here is what the company told its customers.

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