True Value files for bankruptcy after 75 years, selling to hardware rival Do It Best All of True Value's 4,500 stores will remain open during the bankruptcy process because they are independently ...

Red Lobster has exited the bankruptcy process after RL Investor Holdings LLC acquired the restaurant chain. The seafood chain’s new CEO says the company has a financial plan to invest millions ...

Joann, the 81-year-old fabric and craft retailer, has filed for bankruptcy as it struggles with customers cutting back on discretionary spending.

Employees. As creditors in the bankruptcy process, employees should stay informed on the status of the case, whether through internal communications, a case-specific website that is created by a ...

After the process is completed, all of the chain’s locations will be franchises. Reports that Hooters was considering filing for bankruptcy have been swirling for weeks, and first appeared in ...