Sentences with phrase «retailer filed for bankruptcy protection»

The consumer electronics retailer filed for bankruptcy protection Thursday after a lengthy effort at reversing substantial declines in revenue over the past few years.

Not exact matches

• True Religion Apparel, a Vernon, Calif. - based denim retailer owned by TowerBrook Capital Partners, has filed for bankruptcy protection and signed a restructuring agreement with its lenders.

Electronics retailer RadioShack Corp filed for U.S. bankruptcy protection on Thursday and said it had a deal in place to sell as many as 2,400 stores to an affiliate of hedge fund Standard General, its lender and largest shareholder.

A Virginia court approved the sale of Toys «R» Us Canada to Fairfax on Tuesday, ending the uncertainty looming the Canadian subsidiary after it filed for creditor protection in September, and the retailer's U.S. division sought bankruptcy protection.

Despite the funding and in - house retail expertise, Shop.ca led a rocky existence and ended up filing for bankruptcy protection earlier this year.

Toys «R» Us Inc, the largest U.S. toy store chain, filed for bankruptcy protection on Monday, the latest sign of turmoil in the retail industry caught in a vice-like grip of online shopping and discount chains.

The ailing tech retailer is reportedly aiming to file for bankruptcy protection as early as today.

Brookstone, the specialty retailer famous for massage chairs and travel electronics, filed for bankruptcy protection in early 2014, hurt by high debt.

• Claire's Stores Inc, a Pembroke Pines, Fla. - based retailer of jewelry and accessories, filed for Chapter 11 bankruptcy protection and expects to reduce debt by about $ 1.9 billion, according to Reuters.

(Reuters)- Electronics retailer RadioShack Corp RSHC.PK filed for U.S. bankruptcy protection on Thursday and said it had a deal in place to sell as many as 2,400 stores to an affiliate of hedge fund Standard General, its lender and largest shareholder.

The chain, which filed for bankruptcy protection, has been unable to find a buyer or restructure its debt, but is still a major retailer of toys.

Fashion retailer BCBG Maz Azria recently filed for Chapter 11 bankruptcy protection, reporting assets in the range of $ 100 million to $ 500 million and liabilities ranging from $ 500 million to $ 1 billion, according to a press release.

Toys R Us, one of the top toy and children's furniture and juvenile products retailers in the nation, filed for Chapter 11 bankruptcy protection early this week, faltering under a massive debt load that has accumulated at a time when more consumers are shopping on line.

Holbrook, Long Island - based retail chain Vitamin World Inc. plans to file for bankruptcy protection to restructure the business and renegotiate its store leases, the company's chief executive said.

The discount footwear retailer is the latest US retailer to be dragged under by declining brick - and - mortar retail traffic, announcing it had filed for bankruptcy protection on Tuesday.

Retailing The financially troubled Borders Group reportedly could file for Chapter 11 bankruptcy protection as soon as today or Tuesday, setting the stage to close about 200 of its...

Retailing Borders Group, the second - largest book chain in the United States, filed for bankruptcy protection this morning, announcing plans to close about 192 of its 639 Borders, Waldenbooks, Borders...

Although there was a last minute potential bidder for Brookstone, the specialty retailer who filed Chapter 11 bankruptcy protection on Thursday, the company has announced today it will be bought by Spencer's retail chain for $ 147 million.

The furniture retailer RoomStore has reportedly filed for bankruptcy protection.

Kmart Corp., which filed for Chapter 11 bankruptcy protection early Tuesday, announced the appointment of a new executive vice president charged with coordinating the retailer's financial restructuring efforts...

Days after the Financial Times reported that Starbucks memo made its rounds through the company, Claire's Stores, the teen - focused accessories retailer, announced that it had filed for Chapter 11 bankruptcy protection as it restructures about $ 1.9 billion in debt.

Though not all that surprising, Bon - Ton (the parent company of brands such as Elder - Beerman, Younkers, Carson's, Herberger's, and Boston Store) filed for bankruptcy protection on February 4th shortly after the struggling retailer announced it was gearing up to close 20 % of its 260 store footprint.

On Nov. 10, for example, electronics retailer Circuit City filed for Chapter 11 bankruptcy protection, after announcing it would close 155 of its 721 stores and attempt to renegotiate leases for the remaining locations.

With more and more retailers shuttering locations, filing for bankruptcy protection or reining in expansion plans, landlords are putting more emphasis than ever on doing what they can to keep a grip on existing tenants — especially those that are candidates for shutting down.

And in a telling move, the retailer, which filed for bankruptcy protection in January and closed all 133 of its outlets, was forced to hand back 75 store leases to their landlords, unable to find suitable buyers for them, recent court filings say.