Sonder Holdings Inc. (NASDAQ: SOND), a San Francisco-headquartered operator of short-term rental apartments and boutique hotels, announced a winding down of its operations immediately and the Chapter 7 liquidation of its US business while initiating insolvency...
The financially troubled Rite Aid pharmacy chain has closed all its remaining stores. Over the weekend, the company posted a message on its website that said, “All Rite Aid stores have now closed. We thank our loyal customers for their many years of support.” The...
An unwelcome package in the mail, another retailer declaring bankruptcy, and an unlikely new officer at a tenants’ right nonprofit. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Aug. 4-8. Miss: A Message from a Kook. The...
Two months after filing for bankruptcy, Hooters of America is closing more than 30 of its company-owned restaurants across a dozen states. Verdict Food Service reports the company is seeking to address its $376 million with the sale of its corporate-owned restaurants...
The retailer Hudson’s Bay, Canada’s oldest continuously operating company, is winding down its six remaining namesake stores plus a Saks Fifth Avenue that were not included in its liquidation plans. Retail Dive reports the company declared that “a viable bid for the...
UWM Says VantageScore 4.0 Improves Results for 1 in 4 Borrowers
