by Mike Duff | May 6, 2025 | Retail Articles
In a second stint in bankruptcy within a year, Rite Aid Corp. has announced that it is seeking Chapter 11 protection and will attempt to arrange a strategic sale of substantially all of its assets to maximize its remaining value for stakeholders. The company filed its...
by Mike Duff | Feb 5, 2025 | Retail Articles
Bargain Hunt has initiated going-out-of-business sales in the wake of its recent bankruptcy filing at all of its 92 locations across 10 midwestern and southern states. Hilco Consumer, Retail, in a joint venture with Gordon Bros. is managing the going-out-of-business...
by Mike Duff | Jan 29, 2025 | Featured News, Retail Articles
After a month in Chapter 11 bankruptcy protection, The Container Store Group announced the company has completed its financial restructuring process and emerged from court supervision as a private company. The United States Bankruptcy Court for the Southern District...
by Mike Duff | Jan 15, 2025 | Retail Articles
Craft retailer Joann has filed for Chapter 11 bankruptcy protection for the second time in a year. Gordon Brothers Retail Partners is set as the stalking horse bidder in the Joann bankruptcy proceedings. Joann has commenced proceedings in the U.S. Bankruptcy Court for...
by Mike Duff | Jan 2, 2025 | Retail Articles
After entering Chapter 11 bankruptcy protection and warning of possible liquidation, Big Lots announced it entered an agreement with Gordon Brothers Retail Partners that enables the transfer of Big Lots assets, including stores, distribution centers and intellectual...
