Court filings with the United States Bankruptcy Court for the District of Delaware indicate 99 Cents Only debtors have settled on a stalking-horse arrangement with Ollie’s Bargain Outlet, Inc. and OBO Ventures for certain assets of the defunct dollar store operation....
Craft-centric retailer Joann announced the United States Bankruptcy Court for the District of Delaware confirmed the company’s prepackaged joint plan of reorganization, clearing the way for it to emerge from Chapter 11 status. The retailer stated it expects to...
Home crafts specialist Joann has initiated a voluntary prepackaged Chapter 11 filing with the United States Bankruptcy Court for the District of Delaware and has a transaction support agreement in place. According to Joann, the company made the bankruptcy move with...
Rite Aid Corp. has announced that the New York Stock Exchange informed the company that it is no longer in compliance with the organization’s continued listing standards. NYSE stated that Rite Aid has failed to meet its Minimum Market Capitalization Standard and...
Instant Brands announced that, following a comprehensive sale process and competitive auction, the United States Bankruptcy Court for the Southern District of Texas approved the company’s pursuing the sale of its housewares and appliance businesses to affiliates of...
