bankruptcy

Big Lots Deal Rescues Hundreds of Stores From Closure

Big Lots Deal Rescues Hundreds of Stores From Closure
Big Lots Deal Rescues Hundreds of Stores From Closure
December 29, 2024  |  Retail

Big Lots has struck a deal to keep hundreds of stores from shuttering. Get the Full Story Complete the form to unlock this article and...

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Big Lots Says Previously Announced Sale Has Fallen Through
Big Lots Says Previously Announced Sale Has Fallen Through
December 19, 2024  |  Retail

Big Lots said Thursday (Dec. 19) that it is preparing to begin going out of business (GOB) sales at all its remaining stores after determining...

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SEC and Express Settle Charges Related to Disclosure Obligations
SEC and Express Settle Charges Related to Disclosure Obligations
December 17, 2024  |  Regulation

The Securities and Exchange Commission (SEC) settled charges with Express, Inc., in which it alleged that the fashion retailer failed to disclose executive compensation paid...

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Big Lots Exec Says Mobile and Digital Become On-Ramp for Bankruptcy Exit
Big Lots Exec Says Mobile and Digital Become On-Ramp for Bankruptcy Exit
December 16, 2024  |  Retail

Big Lots’ Chapter 11 bankruptcy filing and upcoming acquisition by Nexus Capital Management revealed the deep-rooted issues in the company’s business model, particularly its struggle to adapt...

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Vroom Files for Bankruptcy, Says Subsidiaries Not Expected to Follow
Vroom Files for Bankruptcy, Says Subsidiaries Not Expected to Follow
November 13, 2024  |  Business

Automotive finance company and digital services platform Vroom filed for Chapter 11 bankruptcy Wednesday (Nov. 13), saying in a filing with the Securities and Exchange Commission (SEC) that it...

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Fed: Household Debt Nears $18 Trillion as Delinquencies Pressure Consumers
Fed: Household Debt Nears $18 Trillion as Delinquencies Pressure Consumers
November 13, 2024  |  Economy

New government data shows American consumer debt continuing to grow. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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Report: Franchise Group Paid $5.7 Million in Bonuses Before Bankruptcy
Report: Franchise Group Paid $5.7 Million in Bonuses Before Bankruptcy
November 07, 2024  |  Business

Franchise Group, owner of retailers like Vitamin Shoppe, started off this week by declaring bankruptcy. Get the Full Story Complete the form to unlock this...

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Vitamin Shoppe Owner Franchise Group Filing for Bankruptcy
Vitamin Shoppe Owner Franchise Group Filing for Bankruptcy
November 03, 2024  |  Retail

Franchise Group (FRG), owner of Vitamin Shoppe and Pet Supplies Plus, is filing for bankruptcy. Get the Full Story Complete the form to unlock this...

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Stablecoins, Payments and Court Battles Define This Week in Web3
Stablecoins, Payments and Court Battles Define This Week in Web3
October 09, 2024  |  Blockchain

Cryptocurrency and Web3 technologies are supposed to represent the future of finance, offering a decentralized and borderless world where money, data and assets flow freely....

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