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This high-end beauty brand's U.S. division filed for Chapter 11 bankruptcy protection at the end of January, citing crushing rent obligations in light of COVID-19's drag on sales. The chain had ...
On January 5, 2023, Morphe announced on social media that all its U.S. stores would close immediately, citing criticism of employee working conditions and a shift to focus more on their digital storefront, A week later, on January 12, 2023, Morphe's parent company, Forma Brands, filed for Chapter 11 Bankruptcy. [6]
A&P – also known as The Great Atlantic & Pacific Tea Company; filed for bankruptcy for the second time in July 2015 and closed its last store in November 2015 [111] ABC Markets; ABCO Foods- former Arizona division of Alpha Beta spun off in 1984; stores closed by 2003; AJ Bayless- Arizona; stores sold to Bashas' in 1993
This was the company's second bankruptcy filing in two years. [241] A few months later, RadioShack announced the closure of 1,000 stores, leaving only 70 original locations open, not counting those doing business under the REV program. [242] Ralph Lauren closed its five-story New York City flagship store on Fifth Avenue in April 2017. [243 ...
General Growth Properties (GGP), the country's second-largest mall owner, emerged from bankruptcy and split itself into two companies. The company spun off Howard Hughes Corp, an owner of ...
Centric Brands — licensee to more than 100 fashion brands — has gone to bankruptcy court with a plan to be taken over by its private equity lenders. The New York-based company, which makes ...
The two would get into real estate development once again and buy over 3,000 vacant lots from Atlantic. It was part of a plan by Atlantic to get $200 million to sell off half of the 87,000 acres and 9 water processing plants it had, but this idea "never fully materialized," with Atlantic filing for bankruptcy protection in 2001.
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