#bankruptcy

  • Gunmaker prepares to file for bankruptcy

    Where’s Hillary Clinton when the gun industry needs her? The Democrat’s election loss to Donald Trump was cheered by the National Rifle Association and other gun lobbyists, given the current U.S. president’s commitment to allowing unfettered access to firearms. However, with customers less concerned that their ability to accumulate...
  • Another retail store files for bankruptcy protection

    Bon-Ton Stores, the corporate parent of several department store chains, tumbled into Chapter 11 bankruptcy protection as the company seeks a fresh lease on life. Bon-Ton, whose brands include Boston Store, Carson’s, Elder-Beerman and Younkers, had been on a fast track toward bankruptcy court after it recently announced plans to close...
  • Who Bankrupted Toys ‘R’ Us? Blame Private Equity and Millennial Parents

    Toys “R” Us announced on Wednesday that it will close about 180 stores in the U.S., or about one-fifth of its domestic locations, as the company emerges from bankruptcy proceedings to restructure $5 billion in debt. On one level, this is just the latest chapter in the never-ending saga...
  • Barbie is feeling the hit from ToysRUs Bankruptcy!

    Even before this happened, toy makers have been struggling to sell thanks to devices like iPads   There’s trouble in toyland, and companies are blaming Toys R Us. Mattel, the maker of Barbie dolls and Hot Wheels cars, reported disappointing third-quarter results and said it was hurt by Toys...
  • The Toys R US bankruptcy is going to have a big impact on holiday sales

    • The Toys R US bankruptcy is going to impact holiday sales, Hasbro says. • Hasbro estimates fourth quarter revenue will come in at $1.7 billion to $1.74 billion, missing Wall Street expectations. (Reuters) – The bankruptcy of Toys’R’Us weakened Hasbro Inc’s forecasts for the holiday season in otherwise...
  • Toys ‘R’ Us files for bankruptcy ahead of holiday season

    (Reuters) – Toys ‘R’ Us Inc, the largest U.S. toy store chain, filed for bankruptcy protection late Monday, the latest sign of turmoil in the retail industry that is caught in a viselike grip of online shopping and discount chains. The Chapter 11 filing is among the largest ever...
  • Toys R Us could file for bankruptcy as soon as this week, sources say

    Toys R Us could file for bankruptcy as soon as this week, according to sources familiar with the matter. The sources noted that the bankruptcy plans are not definite, and both its plans to file and its timing could change. A bankruptcy would help simplify a capital structure made...
  • Brides left without notice…Wedding Dress Retailer files Chapter 7 Bankruptcy

    Spurning brides-to-be across the country, a wedding dress retailer got its own case of cold feet Friday, filing for bankruptcy and closing all its stores. Alfred Angelo Bridal, a national chain with 60 of its own stores and 1,400 locations worldwide that sell its products, filed for Chapter 7 bankruptcy...
  • Popular Fashion Jeans Company Files for Bankruptcy! See Details!

    Upscale jeans maker True Religion Apparel Inc. said Wednesday that it filed for bankruptcy reorganization, making it the latest Southern California apparel firm to falter as people embrace online shopping. The once-trendy manufacturer also was frayed by design missteps and boring store displays as fickle shoppers sought out the...