BurgerFi International (NASDAQ:BFI), the parent company of BurgerFi and Anthony’s Coal Fired Pizza, acknowledged that it is undergoing “significant adverse developments” that could result in a bankruptcy filing and the shuttering of its eateries. The 102-unit...
The budget health club chain Blink Fitness has filed for Chapter 11 bankruptcy, leaving the fate of its 101 locations unclear. The company, which is owned by the luxury fitness group Equinox Holdings, issued a statement promising to “continue to provide members with...
LL Flooring Holdings Inc. (NYSE: LL), the Richmond, Virginia-based hard-surface flooring retailer, announced the closure of 94 locations as part of a Chapter 11 bankruptcy reorganization. The company, which has more than 300 stores across the country along with its...
A prominent home improvement retailer with more than 400 stores across 47 states is reportedly considering a bankruptcy filing. According to a Bloomberg report sourced from unnamed sources, LL Flooring Holdings (NYSE:LL) – the Richmond, Virginia-based company...
Four Ontario landlords were ordered by a Superior Court justice to turn over control of their real estate operations to a court-appointed monitor following accusations they misused roughly $144 million in investor money for lavish personal lifestyle purposes while...