by Mike Duff | Oct 5, 2023 | Retail Articles
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...
by Mike Duff | Oct 4, 2023 | Retail Articles
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...
by Peter Giannetti | Aug 11, 2023 | Appliances, Cookware, Featured News, Food Storage, Home + Housewares, Kitchen Electrics, Kitchenware, Tableware
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...
by Mike Duff | Jul 6, 2023 | Featured News, Retail Articles
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...
by Mike Duff | Jul 5, 2023 | Featured News, Retail Articles
Christmas Tree Shops is looking at liquidation less than two months after parent company Handil Holdings filed for Chapter 11 bankruptcy protection. Although it tried to reorganize, closing 10 of its 83 locations in the process, the company could not gain traction....
