Bankruptcy

Another major retailer is on the verge of filing bankruptcy which can possibly affect New York shoppers.

Bar Louie has filed chapter 11 bankruptcy and unfortunately the Walden Galleria location was one of the casualties.

Forever 21 is the latest retail store to file for chapter 11 bankruptcy.

We have heard more and more stores closing these days due to online shopping. Is that the case for Tops? Are they getting ready to close some stores?

We are hearing lots of these stories lately about brick and mortar stores closing their doors with the convenience of online shopping. The Bon-Ton may be next.

Bon-Ton will be closing 42 under-performing stores and now says it plans to file for bankruptcy protection.

Back in March when Gander Mountain announced it had filed for bankruptcy protection under Chapter 11, the St. Paul, Minnesota-based company said it was closing 32 stores, but 130 would remain open.  As part of the plan, the company was put up for sale.

Just add another retailer to the list. Payless Shoes has filed for Chapter 11 bankruptcy protection. In this announcement a few things changed from their previous announcement that involved closing 1,000 stores. This announcement came with a restructuring plan that involves only closing 400 stores, those stores being the most underperforming store in the U...

Things aren't looking great fro Radio Shack, for the second time in two years they have filed for bankruptcy. In the original statement on their bankruptcy Radio Shack said they would only be closing 200 stores. However, it has now been announced that it's 552 stores that will be closing...