bankruptcy

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Store closings expected

Betsey Johnson LLC has filed for bankruptcy protection in New York. According to the filing, the company began exploring...

Off-price retailer also nabs $45M in financing

Loehmann’s Holdings Inc. (New York) said it has completed its restructuring and emerged from Chapter 11 bankruptcy...

May close two-thirds of Hollywood Video locations

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Bernie’s files for Chapter 11, plans going out of business sale

Bernie’s Audio Video TV Appliances Co. Inc. (Enfield, Conn.), an operator of 15 stores in the Northeast, has filed for...

Hamburger chain posts debts of up to $10 million

Hamburger/casual dining chain Max & Erma’s is the latest culinary victim of the downturn. The Columbus, Ohio-based...

Brent Kugman to aid in exit from Chapter 11

Eddie Bauer Holdings Inc. (Seattle) has appointed Brent Kugman as its chief restructuring officer and corporate secretary...

Mall owner says properties will stay open during restructuring

General Growth Properties Inc., the second-largest U.S. mall operator, has filed for Chapter 11 bankruptcy protection....

Regional grocer faced debt-obligation deadline

Bi-Lo LLC (Mauldin, S.C.) has filed Chapter 11 bankruptcy. The grocery chain, which operates 215 supermarkets in South...

Company debt has overwhelmed assets, but it says it can support itself through a reorganization

Muzak Holdings LLC (Fort Mill, S.C.), the company known as the maker of “elevator music,” has filed for Chapter 11...

Lord & Taylor has dropped plans to sell company’s jewelry in its Fifth Avenue location

Fortunoff Fine Jewelry & Silverware LLC (Uniondale, N.Y.) has closed its Manhattan store and is in talks to liquidate...