Tag Archives: bankruptcy

The nation’s large brick-and-mortar retailers continue to suffer after thousands closed in 2023.  According to CBS News, major brands shuttered 4,600 locations last year and 2024 is not looking much better. Now, ...

Homegoods retailer Bed Bath & Beyond is considering bankruptcy saying there is “substantial doubt” the company can survive. The company issued its dire prediction as it released estimated fall financial results. It ...

The government shutdowns have resulted in another bankruptcy costing thousands of jobs. Popular gym chain 24 Hour Fitness said it is filing for Chapter 11 and will close 100 locations around the ...

Another well-known American retailer is the latest casualty of government-imposed shut-downs. Pier 1 Imports announced Tuesday it is seeking bankruptcy court approval to wind down its business entirely after it was not ...

Televangelist Jim Bakker, who is based in Branson, told viewers this week that his ministry is facing bankruptcy unless they purchase his products. Credit card processors refused to work with Bakker after ...

Winstead’s, a staple of burgers and Skyscraper floats for Kansas Citians since the 1930s, has filed for bankruptcy. Just three locations remain open. At one time the chain had about a dozen ...

A Christian youth organization has expressed its regret over this week’s news that the Boy Scouts of America has declared bankruptcy in the face of sex-abuse lawsuits. “Trail Life USA, a Christian ...

Kansas City Star parent company McClatchy has filed for bankruptcy. The company is the second-largest owner of local newspapers in the country. McClatchy operates 29 daily newspapers in fourteen states and has ...

Despite millions spent on fundraising and wall-to-wall coverage of the impeachment hearings, the Democrat Party is near bankruptcy. The Democratic National Committee (DNC) had just $8.6 million cash on hand and operated ...

Bernie Sanders has another plan to give folks money but once again hasn’t shared how he’ll come up with the cash to do it. The Democratic presidential candidate previewed a plan to ...

Sears is closing 26 Sears and Kmart stores in October including three Sears locations in Missouri. The company plans to close its locations in Cape Girardeau, the St. Louis suburb of St. Peters, and ...

Twenty-seven years ago, Vicky Jo Metz, took out $16,613 in student loans to go to community college. Over time, she paid back 90 percent of what she borrowed–almost $15,000. But interest accrued ...

Boy Scouts of America (BSA) may soon be filing bankruptcy. According to various news sources, BSA has hired a law firm to consider their options in the wake of a wave of ...

As neighboring states struggle with bankruptcy, some say brought on in part by Medicaid expansion, Missouri Republican lawmakers would rather fix the system than add another entitlement funded by taxpayers. Half of ...

The Toys R Us kid is now extinct. The latest victim to online retailer Amazon and the effect of too much screen time for kids is the once cutting edge start-up. The ...