SHREWSBURY – LL Flooring’s Shrewsbury location is set to close permanently after the company, formerly known as Lumber Liquidators, announced a companywide closure of all locations as part of a Chapter 11 bankruptcy filing, according to a letter from CEO Charles Tyson. The site is located on Route 20, less than a mile west of […]
As part of the seafood restaurant chain’s ongoing bankruptcy proceedings, about two dozen more Red Lobster branches are to be closed in the next few days. A recently filed court document shows that the company is rejecting leases for an additional 23 locations by Saturday, August 31. These will join the more than 100 restaurants […]
Heritage Collegiate Apparel, formerly known as M Den – the University of Michigan’s sporting goods retailer that filed for bankruptcy earlier this month – is asking a federal court to quickly approve the sale of the company because there are two interested buyers and football season begins Saturday. The company said in a filing Tuesday […]
These Dollar Store devices are real technology bargains The next time you go to your local dollar store, be sure to take a stroll through the electronics section. USA TODAY Dollar Tree immediately moved into the building at Jess Ranch Marketplace in Apple Valley that formerly housed a 99-cent store. On Monday, the new Dollar […]
Which well-known retail stores have filed for bankruptcy? Red Lobster, Walgreens, Rite Aid and many other retailers are struggling with deteriorating financial conditions. More than three months after filing for Chapter 11 bankruptcy, Red Lobster is closing 23 more stores across the country. With the latest expected restaurant closures, the total number of closures in […]
(CNN) – Red Lobster is closing another 23 restaurants as part of the seafood restaurant chain’s ongoing bankruptcy proceedings. They join the more than 100 restaurants that Red Lobster closed earlier this summer. After the recent closures, the chain will have about 500 stores left – a significant decrease from the 650 it had last […]
(CNN) – Red Lobster is closing another 23 restaurants as part of the seafood restaurant chain’s ongoing bankruptcy proceedings. They join the more than 100 restaurants that Red Lobster closed earlier this summer. After the recent closures, the chain will have about 500 stores left – a significant decrease from the 650 it had last […]
With “sincere gratitude” and “heaviest hearts,” the owners of Eli’s Coffee Shop have announced the closure of their Mackinaw location. The last day of opening will be September 6. The company announced the closure in a Facebook post on Friday. In a statement on the company’s website, owners Rachel and Weston Berchtold wrote, “We are […]
2 minutes reading time High vacancy rate at Preakness Shopping Center in Wayne Aerial view of the Preakness Shopping Center in Wayne, NJ, in April 2023. Retailers continue to disappear from the mall on Hamburg Turnpike well into 2024. Amid a slew of retail bankruptcies, retail store closures have outpaced new openings this year for […]
On Wednesday, Steward Health Care postponed a hearing on the sale of its Massachusetts hospitals for the sixth time. The same day, the company’s landlords said they would fight the Bay State’s attempt to expropriate the land on which St. Elizabeth’s Medical Center in Brighton is located. Medical Properties Trust and Apollo Global Management, acting […]
