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Find Liquidation Stores Near You In this economy, you can find a lot of stores in closeout sales mode. Liquidation stores, which are also often referred to as bin stores, are a great way to get up ...
In late August, Bank of America filed in N.C. Business Court, seeking a receivership to oversee liquidation of Klaussner's assets. Klaussner owed the bank a total of more than $21 million.
LL Flooring, a specialty flooring company formerly known as Lumber Liquidators, is holding closing sales at 94 retail locations across the U.S. after it filed Sunday for Chapter 11 bankruptcy in ...
The chain filed for its second bankruptcy and liquidation on August 7, 2019, [13] closing the remaining 54 stores [14] with plans to auction its intellectual property. [15] ALDO filed for bankruptcy on May 7, 2020, citing repercussions related to the COVID-19 pandemic as to why. [16] The shoe chain emerged from bankruptcy two years later. [17]
Timeline of former nameplates merging into Macy's. Many United States department store chains and local department stores, some with long and proud histories, went out of business or lost their identities between 1986 and 2006 as the result of a complex series of corporate mergers and acquisitions that involved Federated Department Stores and The May Department Stores Company with many stores ...
A hail sale is a closeout at a car dealership after hail damage. A store that is closing will often advertise to customers their last chance to buy. However, closures are often from companies that cannot sell their inventory, inventors whose ideas were not marketable, and businesses needing fast-incoming cashflow to pay debts such as payroll or ...
Three years later, Lumber Liquidators paid $36 million to settle class-action lawsuits brought by customers who bought the laminate between 2009 and 2015. The company did not admit wrongdoing in ...
American Freight, a discount furniture and appliance retailer with more than 328 locations across 41 states, including California, is permanently closing all of its stores as its parent company ...