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Joann Fabrics And Crafts Files For Bankruptcy After 81 Years In Business

Joann Fabrics and Crafts has officially filed for bankruptcy. The company made the announcement on Monday and said that it…

2 months ago

Is America’s Biggest Party Supply Store, Party City, Now Bankrupt?

Party City was founded in 1986 by Steve Mandell. The party supply retail chain started in East Hanover, New Jersey,…

1 year ago

Golden Corral’s Largest Franchisee Getting Second Life Following Bankruptcy

At the start of the pandemic, buffets were ordered to close in Georgia and Florida, which brought uncertainty to Golden…

3 years ago

Iconic American Food Chains Are Filing For Bankruptcy As Sales Are ‘Hemorrhaging’

The coronavirus pandemic has been affecting many businesses all over the world, and some of America's most iconic and popular…

4 years ago

JC Penney Officially Files For Bankruptcy

JC Penney is now in talks for a $450 million loan for a potential bankruptcy filing. Rumors have been circulating…

4 years ago

People Buy Stamps To Try To Stop US Postal Service From Going Bankrupt

The United States Postal Service (USPS) is just another business suffering due to the coronavirus outbreak. The USPS needs funding…

4 years ago

America’s Biggest Dairy Provider Files For Bankruptcy As Millennials Pursue Alternatives

Dean Foods, the largest dairy company in the United States, began operations in the 1920s. Since then, it became a…

4 years ago

Lee Iacocca, ‘Father’ Of The Ford Mustang Who Saved Chrysler From Bankruptcy, Dies At 94

Lee Iacocca, the man who helps the creation of the Ford Mustang and many others, dies at age 94. He…

5 years ago

Payless Files For Bankruptcy And Will Close All Stores

Say it isn't so! Another retailer is set to close all their stores as they file for bankruptcy. Lately, the…

5 years ago

Gymboree Planning To Close Its Doors After Filing For Bankruptcy A Second Time

The popular children's clothing retailer, Gymboree, is now expected to close its doors for good after filing for bankruptcy a…

5 years ago

Amid Sears Bankruptcy, Company Wants To Pay Execs Over $19M In Bonuses

Sears recently filed for bankruptcy and has plans to close even more stores. Amid bankruptcy plans, Sears is seeking court approval…

5 years ago

Mattress Firm Announces Bankruptcy, As Millennials Ditch Traditional Mattress Stores

It is official that yet another company is filing for bankruptcy and closing a slew of store locations. Mattress Firm…

6 years ago