putting the discount retailer that employs more than 27,000 people at risk of liquidation. The company said it continues to work toward completing an alternative transaction with Nexus or another ...

Major US retailers announced more than 7,300 store closures last year, up 57% from 2023, according to Coresight Research. That’s the highest annual number of closed stores since 2020, when the ...

For some companies, bankruptcy can mean the end. For others, it can be a way to restructure and stay afloat amid business ...

Going-out-of-business sales are underway at hundreds of Big Lots stores across the country. The retailer is known for its ...

Fashion and home retailers in 2024 saw a higher rate of store closures than in 2023, impacted by the rise in bankruptcies and liquidations.

Big Lots closed more than 400 stores across the United States in 2024, including several in the Sacramento region. The ...

At least 19 companies have cut a combined 14,000 jobs because of bankruptcies, according to Challenger, Gray & Christmas, an ...

These retail stores and restaurant chains might not be around next holiday season. See which chains filed for bankruptcy or ...

but the long-suffering former Lumber Liquidators (now LL Flooring) was far and away the winner. The retail chain for discount flooring in September announced it was going out of business ...

The discount retailer recently announced that ... The home retailer formerly known as Lumber Liquidators filed for bankruptcy in August. The retailer was hammered by budget-conscious customers ...