Rite Aid Approaches 550 Store Closures as Bankruptcy Proceeding Continues
Court filings say Rite Aid is shutting down an additional 27 stores in Ohio and Michigan as the company grapples with bankruptcy.
![Rite Aid Locations Ahead Of Earnings Figures](https://media.breitbart.com/media/2024/06/Rite-Aid-420x315.jpeg)
Court filings say Rite Aid is shutting down an additional 27 stores in Ohio and Michigan as the company grapples with bankruptcy.
Radio host Alex Jones stands on the brink of losing his Infowars media platform as a federal bankruptcy judge is set to rule Friday on whether to liquidate his assets to help pay the $1.5 billion he owes for his false claims about the Sandy Hook Elementary School shooting.
Red Lobster will have to shut down over 100 more restaurants if the company is unable to renegotiate cheaper rent for the buildings, court documents revealed.
Restaurant chain Red Lobster said Sunday it has filed for Chapter 11 bankruptcy, the news coming after an all-you-can-eat offering reportedly caused financial trouble.
Seafood restaurant chain Red Lobster has closed one hundred locations around the United States, according to its website.
Seafood restaurant chain Red Lobster has closed nearly 50 locations around the United States, according to a liquidation company.
United States fashion retailer Express Inc. has filed for Chapter 11 bankruptcy protection as it plans to shutter more than 95 stores.
Seafood chain Red Lobster is considering bankruptcy after their all-you-can-eat shrimp promotion contributed to a staggering $11 million loss in 2023.
Nolte: After 20 years of producing movies pretty much no one wanted to see, Participant is shutting down, which means the loss of 100 jobs.
The Joann Fabrics and Crafts company recently filed for bankruptcy but said it will continue serving customers in stores and online.
What lasts is truth and justice and things that matter. Everything else is a passing fad. That’s why Breitbart News stands as those who relentlessly tried to take us down continue to fall.
Billionaire and left-wing philanthropist George Soros has been buying up debt to acquire a controlling stake in the second-largest radio broadcaster in the country, Audacy.
The company that owns the Miss Universe pageant filed for bankruptcy Thursday, but its upcoming pageant will go on as planned.
WeWork, once a darling of startup culture that became a high-flying office-sharing behemoth worth $47 billion in 2019, has filed for Chapter 11 bankruptcy protection. Now, the company will fight to restructure its business and stay alive.
WeWork, the flexible workspace solutions company that was once the darling of startup-crazyed Wall Street, is facing the grim reality of bankruptcy, with its stock plummeting to new lows amid ongoing financial turmoil.
The Chinese Communist Party has reportedly placed Hui Ka Yan, the billionaire chairman and founder of China’s gigantic and dangerously indebted Evergrande Group, under police surveillance, reports indicated Wednesday.
Chinese police descended upon the financial services arm of doomed property giant Evergrande on Saturday night, arresting numerous employees.
China’s Evergrande Group took a horrifying $2 billion plunge in the Hong Kong stock market on Monday morning, losing 80 percent of its share value on the first day of trading after a 17-month suspension.
Amid ongoing concerns about a crisis in the commercial real estate market, the funds that previously bailed out beleaguered office co-working startup WeWork are reportedly exploring bankruptcy options for the company.
Trucking company Yellow Corp. shut down on Sunday after 99 years, a move that has deeply affected tens of thousands of American workers.
Discount home goods store Christmas Tree Shops is reportedly going to file for bankruptcy as the economy struggles under President Joe Biden’s (D) leadership.
The media company Vice will reportedly soon file for bankruptcy despite being previously valued at $5 billion with deals at major companies.
Bankrupt cryptocurrency exchange FTX has reportedly recovered more than $7.3 billion in assets and wants to reboot its business by allowing customers to trade crypto again. Whether anyone trusts the company founded by disgraced CEO and Democrat super donor Sam Bankman-Fried is another question.
SVB Financial Group, the former parent company of the collapsed Silicon Valley Bank, filed for 11 protection on Friday in New York bankruptcy court.
Due to several factors — one being the woke pandemic — talk of “bankruptcy” is in the air at the world’s second largest theater chain.
Former Rep. Katie Hill (D-CA), who owes roughly $220,000 in attorney fees to two news outlets and two conservative journalists after an unsuccessful lawsuit in a California state court, has filed for bankruptcy, the Los Angeles Times reports.
Black Lives Matter’s newly appointed board chair, Cicely Gay, filed for Chapter 7 Bankruptcy three times, most recently in 2016, per a report.
Lebanese Deputy Prime Minister Saadeh al-Shami announced on Sunday that “the state has gone bankrupt,” along with its central bank, Banque du Liban.
Johnson & Johnson is seeking to use bankruptcy as a means to temporarily halt all lawsuits that allege plaintiffs developed cancer as a result of using the company’s baby powder products.
Senate Majority Leader Chuck Schumer (D-NY) is urging the Biden Department of Justice to investigate the NRA over alleged bankruptcy fraud.
The Boy Scouts of America (BSA) has reached a $850m settlement with some 60,000 people over claims of historic sexual abuse.
A federal bankruptcy judge dismissed the NRA’s bankruptcy chapter 11 filing on Tuesday, halting the gun right organization’s attempted move from New York to Texas.
An Italian business group had predicted that nearly 400,000 businesses could close due to the economic impact of the Chinese coronavirus and lockdown restrictions.
The number of former Boy Scouts who accuse leaders of sexual assault rose to at least 90,000 as of Monday, the deadline for filing claims.
The Times-Union reports that Remington Outdoor Company in Ilion, New York, laid off 585 workers without severance pay and made clear job-related benefits will expire at the end of this week.
Hunter Biden in 2001 got a gig with credit card coorporation MBNA when his then-senator dad pushed for bill that benefited the company.
Former Vice President Joe Biden sided with his top donor, the one-time credit card giant MBNA Corp., against consumers on bankruptcy reform during the late 1990s and early 2000s.
Chuck E. Cheese, the restaurant chain that was a hub for many children, is filing for Chapter 11 bankruptcy protection.
Allowing states to declare bankruptcy would end federalism and convert states into wards of the federal government, claimed John Baker, professor emeritus of law at Louisiana State University and Federalist Society contributor, offering his analysis on Friday’s edition of SiriusXM’s Breitbart News Daily with host Alex Marlow.
Former Vice President Joe Biden is extending an olive branch to his one time rival, Sen. Elizabeth Warren (D-MA), as establishment Democrats look to unify the party and bring the nominating contest to an early conclusion.