As an expansion of its efforts to “aggressively address underperforming stores,” Big Lots is increasing its store closure range from 150 to 315 stores. The company, which has reconfigured financing as it has suffered losses and lower comparable sales, has entered into...
Companies operating in the United States are finding climate change is becoming a larger business concern as they face more scrutiny and regulation tied into issues ranging from value chain emissions to worker’s rights. In 2023, while many businesses took stock of...
Bed Bath & Beyond on June 12 selected Overstock.com, Inc. to act as the stalking horse bidder for certain of its intellectual assets at a proposed purchase price of $21.5 million, according to a filing with the United States Bankruptcy Court in New Jersey. If the...
Tupperware Brands Corporation announced it has engaged financial advisors to help improve its capital structure and near-term liquidity while noting in a statement it has “substantial doubt” about its ability to continue as a going concern. The longtime maker of food...
Bed Bath & Beyond is returning to the equity market in a bid to raise cash while simultaneously warning of weak fourth-quarter results and the possibility of bankruptcy. The company announced it had launched a new, At-The-Market offering program, entering into a...
