bankruptcy
Kmart Set To Close Last Full-Size Store In The Mainland U.S.
The last full-size Kmart store in the United States is officially closing in New York.
bankruptcy
Bob’s Stores Retail Chain Closing All Locations After 70 Years Of Business
Bob’s Stores, a clothing store chain located in the northeast that has been in business for the past 70 years, will be closing all of its locations in the U.S.’s latest retail casualty.
$1 billion
Red Lobster Files For Chapter 11 Bankruptcy After Disaster All-You-Can-Eat Shrimp Promotion
The Seafood chain Red Lobster, which lost millions over its all-you-can-eat-shrimp promotion last year, has officially filed for bankruptcy after the chain shut down almost 100 locations last week.