In brief: Genesis Healthcare has completed the sale of substantially all its nursing-home business after a federal bankruptcy judge confirmed a Chapter 11 plan. The roughly $1 billion transaction ends a prolonged ownership dispute involving one of the country’s...
The 174 Eddie Bauer stores across the US and Canada are closing after an auction for the store operations was canceled due to a lack of interest. According to combined media reports, Eddie Bauer LLC, which operates the Eddie Bauer retail chain in the US and Canada,...
The iPic Theaters cinema chain, which offers dine-in service to its moviegoing audiences, has filed for Chapter 11 bankruptcy and is planning the sale of its assets. According to combined media reports, the Boca Raton, Florida-headquartered company previously filed...
The outdoor apparel chain Eddie Bauer is in line to become the next retailer to shut down its stores. According to combined media reports, Catalyst Brands, which operates the Eddie Bauer retail chain, is preparing to file for Chapter 11 bankruptcy. However, while some...
Saks Global, the parent company of the Saks Fifth Avenue department store chain, it is closing 62 of its 70 Saks Off 5th discount outlets as part of its bankruptcy protection restructuring. The Wall Street Journal reports the stores targeted for closing will begin...