bankruptcy

Nicholas Eckhart

Here’s A Partial List Of Closed Joe’s Crab Shack & Brick House Tavern Locations

As we recently reported, employees at some Joe’s Crab Shack and Brick House Tavern restaurants found out without warning that their locations had been shut down immediately. While the corporate owners of these brands did not provide a list of shuttered locations, we’ve been able to piece together some spots that are now closed for good. [More]

Jazz Guy

Several Joe’s Crab Shack Restaurants Abruptly Close With No Warning To Employees

Joe’s Crab Shack and its sibling restaurant chain, Brick House Tavern, will soon have a new owner pending approval by the bankruptcy court. Yet it’s celebrating in a surprising way: The chain is abruptly closing locations scattered across the country, sending employees home during their shifts. Update: Here’s a newer list of recently closed locations that employees and customers sent to Consumerist. [More]

Phillip Pessar

If You Don’t Have Your Alfred Angelo Dress Yet, You’re Not Getting It: Here’s What To Do

Last month, wedding and special occasion dress maker Alfred Angelo filed for bankruptcy and abruptly closed all of its stores, with some customers’ dresses still inside. The company’s bankruptcy trustee has now announced that if customers haven’t yet received their dresses, they never will. [More]

Sodanie Chea

Alfred Angelo Abruptly Closes Stores, Freaks Out Brides Nationwide

Planning a wedding is already pretty stressful, and an unknown number of brides across the country have an extra and unanticipated source of stress: Alfred Angelo, a retailer and maker of bridal and bridesmaids’ gowns, abruptly closed its doors and stopped answering the phone yesterday. [More]

Mike Mozart

Denim Retailer True Religion Files For Bankruptcy

Before recent “crimes against jeans” in which companies are charged hundreds of dollars for “window” jeans, clear jeans, and painted on mud jeans, people would spend the same amount of money on a relatively simple, if not bedazzled, pair of high-end jeans. But with changing fashion and tastes, these denim-focused retailers of yesteryear aren’t faring so well. Case in point: One-time denim darling True Religion has filed for bankruptcy.  [More]

Listener42

What Does Takata Bankruptcy Mean For Deadly Airbag Recall?

After months of speculation, embattled auto parts maker Takata has officially filed for bankruptcy following a massive shrapnel-shooting airbag recall affecting more than 42 million vehicles and the legal fallout that followed.  [More]

Jim and Tiffany Kelly

Retail Apocalypse Spreads North: Sears Canada Files For Bankruptcy

The same factors hurting department stores and Sears stores in particular are affecting retailers north of the Canadian border as well: Today Sears Canada announced that it’s applied for creditors protection, the equivalent of Chapter 11 bankruptcy, and plans to reorganize and shed some of its current stores. [More]

Mike Mozart

Wells Fargo Accused Of Adding Years To Modified Mortgages Without Telling Borrowers

As the country tried to crawl out of the last recession, homeowners all across America sought mortgage modifications to make their home loans more manageable. However, some homeowners say that Wells Fargo not only modified their loans without asking, but that this lower rate added years — perhaps decades — to the terms of their mortgages. [More]

Mike Mozart

Here Are The 81 Stores Payless ShoeSource Wants To Close Next

Payless ShoeSource is the nation’s leading provider of shoes that look just enough like Chuck Taylor All-Stars but that are buy one, get one free. The chain is now in Chapter 11 bankruptcy, hoping to trim its store fleet and its substantial debt. In a recent court filing, the chain listed 81 more locations that it may or may not close, pending negotiations with its landlords. [More]

Phillip Pessar

Gymboree Files For Bankruptcy, To Close Hundreds Of Stores

Retail-watchers have predicted the impending bankruptcy of children’s clothing store Gymboree, and the filing has finally arrived. The chain, which has 1,281 stores between its Gymboree, Gymboree Outlet, Janie and Jack, and Crazy 8 chains, said in a bankruptcy court filing that it plans to close as many as 450 of its stores, but stay in business while cutting its substantial debt. [More]

Mike Mozart

BCBG Max Azria Avoids Death Sentence, Saved By Owners Of Juicy Couture, Body Glove

After filing for Chapter 11 bankruptcy protection and closing 120 stores, apparel retailer BCBG Max Azria had hopes that some bigger company would swoop in and save them from oblivion. Turns out there were actually two companies willing to rescue BCBG. [More]

SA_Steve

Joe’s Crab Shack Owner Files For Bankruptcy, Preps For Sale Of Chain

A year after its failed no-tipping policy experiment and a month after rumors began swirling that Joe’s Crab Shack parent company Ignite Restaurants was prepping for bankruptcy, the company has done just that and revealed plans to sell itself to a private equity firm. [More]

JeepersMedia

Here’s The Official List Of Payless Stores That Are Closing Next

While Payless ShoeSource is waiting to hear back from the court and its landlords about more than 400 stores that it may close without a break on rent, the discount shoe chain has released a list of 112 stores that definitely are closing next. [More]

Matthew Hunt

RadioShack Closed All But 70 Stores This Weekend

Unless you happened to walk or drive past a RadioShack this weekend, you may not have realized that Memorial Day weekend 2017 marked the end of almost all of the chain’s stores. It once had more than 7,300 locations, and now it’s down to 70 corporate stores and a few hundred franchisees. [More]

WCPO

hhgregg Stores Are Down To Mangled Stoves And Fixtures

We are in the final days of hhgregg, the bankrupt appliance, electronics, and furniture retailer, conjuring that mixture of sadness and aggressive bargain-hunting that happens at the end of any retail operation. What’s left in the stores? If the one in Cincinnati is any indication, there’s nothing left but appliances that are dented or even mangled. [More]

JeepersMedia

Here Are The 408 Stores Payless ShoeSource Wants To Close Next

Payless ShoeSource, the world’s most reliable source for glitter-covered ballet flats for under $10, filed for Chapter 11 bankruptcy protection in April, and immediately began the closing process for 400 stores, around 10% of its footprint. Now the chain has asked the bankruptcy court for permission to close an additional 408 stores — and we have the list. [More]

Denise Krebs

Soy Butter Company Behind 12-State E. Coli Outbreak Goes Bankrupt

SoyNut Butter Co., the company behind contaminated soy butter that made at least 32 people sick with E. coli and triggered a nationwide recall has filed for Chapter 7 bankruptcy, meaning it has no intention of sticking around. [More]

Nicholas Eckhart

New Owner Of Gander Mountain Releases Updated List Of 63 Stores Staying Open

Outdoors and hunting store Gander Mountain found a new owner after filing for bankruptcy in March, and what remains of the brand will become part of the Camping World chain of RV dealerships and camping supply stores. It’s a messy, painful process and the list of which Gander Mountain locations will remain open continues to change, based on the latest list released by the company’s new owners. [More]