bankruptcy

Toys R Us Plans To Close Stores By Friday
Toys R Us Plans To Close Stores By Friday
June 26, 2018  |  Retail

Months after Toys R Us announced that it would liquidate its U.S.-based assets, the toy retailer plans to shutter its brick-and-mortar locations by Friday (June...

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Party City Looks To Pick Up Where Toys R Us Left Off
Party City Looks To Pick Up Where Toys R Us Left Off
June 25, 2018  |  Retail

Party City is getting into the toy business. The chain kicked off the week with the announcement that it will be opening about 50 Toy...

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ALDI And Big Lots Are Among Successful Bidders For Toys R Us Stores
ALDI And Big Lots Are Among Successful Bidders For Toys R Us Stores
June 15, 2018  |  Retail

As the liquidation of Toys R Us marches on, retailers are bidding on the toy store’s brick-and-mortar locations. The latest successful bidders include ALDI, Ollie’s...

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Toys R Us Marks Down Merchandise Ahead Of Closures
Toys R Us Marks Down Merchandise Ahead Of Closures
June 13, 2018  |  Retail

As Toys R Us locations gear up for closure, the retailer is rolling out new markdowns at its stores. The retailer said in a Facebook...

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Claire’s To Shutter Another 130 Stores
Claire’s To Shutter Another 130 Stores
June 01, 2018  |  Retail

As Claire’s Stores seeks to attract investors and potential buyers, the retailer has gained approval to close 37 of its brick-and-mortar stores, which are primarily...

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New England Confectionery Co. Sells For $18.8M At Auction
New England Confectionery Co. Sells For $18.8M At Auction
May 24, 2018  |  Retail

Following an auction in a U.S. bankruptcy court, Massachusetts’ New England Confectionery Co. (Necco) has founded a buyer. Ohio-based Spangler Candy Company won the auction...

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Majority Of Company Leaders, Employees Leaving Toys R Us
Majority Of Company Leaders, Employees Leaving Toys R Us
May 15, 2018  |  Retail

Toys R Us CEO Dave Brandon — along with other members of the leadership team and the majority of employees—are leaving the company. A company spokesperson...

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American Apparel Rides Again In LA
American Apparel Rides Again In LA
May 08, 2018  |  Retail

American Apparel returns to L.A. with the opening of a new store on Melrose Avenue. In fact, the new location is part of an old location...

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Some US Toys R Us Locations Could Survive After Canadian Company’s $234M Bid
Some US Toys R Us Locations Could Survive After Canadian Company’s $234M Bid
May 01, 2018  |  Retail

There might be hope for Toys R Us, with a Toronto-based company looking to save some locations in both Canada and the U.S. Last Tuesday...

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