Rite Aid files for second bankruptcy in two years amid rising debt and fierce competition.
Tags: Bankruptcy
138-Year-Old Food Giant Del Monte Files Chapter 11 Amid Shifting Consumer Trends
Del Monte Foods files for Chapter 11 bankruptcy amid shifting consumer trends and declining demand for canned goods.
At Home Files for Bankruptcy, Set to Close 26 Stores by Fall
At Home files for bankruptcy and will close 26 underperforming stores across the U.S. by fall 2025.
Anne Wojcicki Regains Control of 23andMe After $305 Million Bankruptcy Bid
Anne Wojcicki regains control of 23andMe with a $305M bid, promising stronger privacy protections and a nonprofit future.
States Challenge 23andMe Over Genetic Data Sale in Bankruptcy Deal
States sue to halt Regeneron's 23andMe acquisition, citing privacy concerns over user DNA data, as a court-ordered report on the deal's impact looms.
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US corporate bankruptcies surged in early 2025, with major brands like Forever 21 and 23andMe filing amid growing economic pressure.
Hooters files for bankruptcy, plans to sell corporate-owned locations to franchisees while aiming for a financial turnaround.
Looks like the end of the road is in sight for Forever 21 as it files for Chapter 11 bankruptcy for the second time in six years.
Joann Fabrics announces the closure of all stores after auctioning its assets, with going-out-of-business sales now underway.
Nikola files for Chapter 11 bankruptcy after struggling with cash flow, leadership changes, and market challenges.
Joann announces the closure of 500 stores after filing for bankruptcy for the second time in a year.
The Indonesian government ensures that 50,000 Sritex employees will not lose their jobs despite the company's bankruptcy.
The company said it had assets and liabilities worth between $1 billion to $10 billion. Conn's HomePlus, a 134-year-old retailer of furniture and electronics, has recently filed for bankruptcy and announced plans to close more than 70 stores nationwide.
Chicken Soup for the Soul Entertainment filed for Chapter 11 bankruptcy, disclosing $970 million in debt.
