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September 22, 2021 at 9:00 AM. onfilm/istockphoto. Sears and its sister company Kmart continue their slow demise, with a just-announced round of closings that will leave the chains with 19 and 16 ...
Ames Department Stores, Inc., was an American chain of discount stores based in Rocky Hill, Connecticut, United States.The company was founded in 1958 with a store in Southbridge, Massachusetts, and at its peak operated 700 stores in 20 states, including the Northeast, Upper South, Midwest, and the District of Columbia, making it the fourth-largest discount retailer in the country.
Just for Feet – bankrupt in 1999, acquired by Footstar, final stores closed in 2004. MC Sports – filed for bankruptcy and closed in 2017. Modell's Sporting Goods – first store opened in 1889. On March 11, 2020, the company filed for bankruptcy, and announced it would close all 115 stores.
Revenue. $79.2m (2013) [ 3] Building #19 was a New England chain of discount closeout retailers that operated from 1964 until it declared bankruptcy in 2013. [ 4] At the time of its bankruptcy, it had thirteen stores. The family that owned the chain later reopened two of the former locations as a part of a new business, The Rug Department, that ...
Nationwide store closings. The nationwide Express brand store closings are part of the process for a potential sale led by WHP Global, which includes subsidiary Simon Property Group and Brookfield ...
Filing for bankruptcy doesn’t always mean the kiss of death — Chapter 11 bankruptcy is a reorganization of debts designed to keep businesses alive, while Chapter 7 bankruptcy means a company ...
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