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Delaware

Crafting Trouble: Joann Declares Bankruptcy For Second Time In Less Than 12 Months Crafting Trouble: Joann Declares Bankruptcy For Second Time In Less Than 12 Months
Crafting Trouble: Joann Declares Bankruptcy For Second Time In Less Than 12 Months Arts and crafts retailer Joann is declaring bankruptcy for the second time in less than a year, officials said. Joann filed for Chapter 11 bankruptcy in a Delaware court, the company said in a news release on Wednesday, Jan. 15. The chain known for sewing and other craft materials said the move will help facilitate a sale to maximize the business's value. Interim CEO Michael Prendergast said the bankruptcy declaration was necessary despite the chain's efforts to drastically improve its financial health. "Since becoming a private company in April [2024], the Board and management team h…
Recall Issued For Popular Frozen Vegetable Product: Here's What to Know Recall Issued For Popular Frozen Vegetable Product: Here's What to Know
Recall Issued For Popular Frozen Vegetable Product: Here's What to Know A popular frozen vegetable product is being recalled due to undeclared milk allergens, posing a risk to individuals with milk allergies. Key Details: Company: Lidl Product Name: “Taste of Deutschland Buttered Vegetables” Product Details: 10.5 oz box, UPC 4 056489 122876 Distribution Period: Saturday, Oct. 21, 2023 to Thursday, Dec. 19, 2024 States Affected: Delaware, District of Columbia, Georgia, Maryland, New Jersey, New York, North Carolina, Pennsylvania, South Carolina, Virginia Consumer Action: Do not consume the product. Return it to any Lidl store for a full refund; no rece…
Big Lots To Begin 'Going Out Of Business' Sales At Nearly 1,000 Remaining Stores Big Lots To Begin 'Going Out Of Business' Sales At Nearly 1,000 Remaining Stores
Big Lots To Begin 'Going Out Of Business' Sales At Nearly 1,000 Remaining Stores Big Lots has announced plans to close all of its remaining 963 stores, initiating "going out of business" sales following its Chapter 11 bankruptcy filing in September. The company says it's started the process of closing stores in 48 states and liquidating inventory under its court-supervised Chapter 11 bankruptcy proceedings.  The decision comes as the retailer seeks to maximize value for stakeholders while exploring potential going-concern sale opportunities. "We all have worked extremely hard and have taken every step to complete a going concern sale," Big Lots' President and Chie…