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H. H. Gregg, Inc. Went bankrupt and closed in 2017; relaunched as an online retailer in 2017 and opened its first brick and mortar store in 2019 following bankruptcy. HiFi Buys; Highland Superstores – liquidated in 1993 [91] [92] [93] Incredible Universe – closed in 1997; six stores acquired by Fry's Electronics and the rest shut down
Liquidation sales began on May 22, and the stores closed by July 31. [168] Another 8 stores and a distribution center closed in 2018 while over 50 additional stores were expected to close between mid-2019 and late 2020. [169] [170] JCPenney filed for bankruptcy on May 15, 2020, and announced plans to close at least 242 stores. [171]
Liquidation sales started in early 2017 for the 120 mostly U.S.-based stores owned by high-end women's clothing line BCBG, which filed for bankruptcy at the same time.
During the liquidation process, the stores typically offered discounts starting at 5 to 30 percent off of retail prices, ending at up to 95 percent. [citation needed] Liquidation was completed on May 14, 2007. On December 7, 2007, CompUSA was sold to Specialty Equity, an affiliate of Gordon Brothers Group. [23]
Side exterior of White Hen Pantry, Boston, on a street corner, beige building with brick sidewalk, street in the foreground, on a sunny day during winter. White Hen Pantry.
Forever 21 is closing stores as the fast-fashion retailer's U.S. operator is considering bankruptcy, five years after the company escaped Chapter 11, according to multiple reports.. The Los ...
Linens 'n Things was a big-box retailer specializing in home textiles, housewares, and decorative home accessories. [2] Based in Clifton, New Jersey, the chain operated 571 stores in 47 U.S. states and six Canadian provinces, and had 7,300 employees as of December 2006. [1]
Even if the company could find a buyer, shareholders could be expected to be wiped out, with proceeds from the liquidation going to secured creditors and bondholders. [71] [72] By May 3, 2023, Bed Bath and Beyond's stock was delisted from the Nasdaq exchange. [73] Bed Bath & Beyond store in Roseville, Michigan, during liquidation