Instant Brands, operating under Chapter 11 bankruptcy protection, announced it received a commitment for an additional $30 million in new term loan financing from its existing lenders, increasing the amount of the term loan credit facility received by the company...
It’s official, Bed Bath & Beyond is back at least online and Overstock, which purchased the intellectual property of the bankrupt retailer, has launched the banner, one that will replace its own. Already, on the day of the launch, clicking on overstock.com would...
Although some hope existed that BuyBuyBaby might sell as a complete entity, the retailer did not receive a sufficient offer at auction as an ongoing concern, turning the event into a sale of the company’s intellectual property. As such, the brick-and-mortar chain...
Tuesday Morning has chosen to convert its Chapter 11 bankruptcy filing to a Chapter 7 status and is going out of business. The company filed for Chapter 11 bankruptcy protection in February. In a court filing with the United Bankruptcy Court for Northern District of...
Bed Bath & Beyond held a lease auction for its store locations on June 26, and Burlington Stores was among the most interested parties. According to Pulse Ratings, Burlington appeared to be a top bid winner at the auction, bidding $12 million for 44 locations. In...
