Forever 21 is expected to file for Chapter 11 bankruptcy for a second time as it faces relentless competition and a massive store footprint that has proven to be unsuccessful.

JOANN filed for chapter 11 bankruptcy Jan. 15. In a Feb. 23 news release, the company announced that all stores will be closing after GA Group and Prepetition Term Loan Agent were selected as the ...

Blum Holdings, Inc. (OTCQB: BLMH) (the “Company,” “Blüm,” “Blüm Holdings,” “we” or “us”), a California-based publicly traded holding company and cannabis operator, announced today that it has reached ...

The company said it continues to be in active discussions with various parties interested in acquiring its patents and ...

Big box store closures at Joann's, Big Lots, Forever 21 lead the way, while a sale of Family Dollar could result in some ...

Sources indicate that while no final decision has been made, the filing could take place within the next two months, ...

Spirit Airlines says it expects to emerge from Chapter 11 reorganization bankruptcy “within weeks” after a US court approved ...

A huge US carrier with billions of dollars in debt has updated Wall Street on its bankruptcy. Many investors will not be ...

Electric trucking startup Nikola is hoping to sell what remains of its whole business as early as April, lawyers for the ...

Nikola said Wednesday it had filed for Chapter 11 bankruptcy protection and would pursue a sale of all or most of its assets, after grappling with rapid cash burn and struggling to raise funds in the ...

Accuride's North America affiliates today announced the United States Bankruptcy Court for the District of Delaware has ...

However, after several closures earlier this year reported by USA TODAY, a second Chapter 11 bankruptcy form was filed in January. A list with all locations can be found on the company’s website.