Overcast 63°
Tag:

Chapter 11 bankruptcy

Business
Rite Aid To Close These Maryland Stores After Filing For Bankruptcy Rite Aid To Close These Maryland Stores After Filing For Bankruptcy
Rite Aid To Close These Maryland Stores After Filing For Bankruptcy Rite Aid, the pharmacy giant that filed for bankruptcy on Sunday, Oct. 15, plans to close 154 underperforming stores nationwide, according to a new filing.  Some of those closures will be in Maryland. The stores closing are: 5 Bel Air South Parkway, Suite 1347 in Bel Air 728 East Pulaski Highway in Elkton 5624 Baltimore National Pike in Baltimore 5804 Ritchie Highway in Baltimore 7501 Ritchie Highway in Glen Burnie 7967 Baltimore Annapolis Boulevard in Glen Burnie  Rite Aid announced earlier this week that declining sales and rising debt forced the company's hand in filing …

SHARE

by Cecilia Levine
Business
Bed Bath & Beyond Plans To Close Remaining Stores After Filing For Bankruptcy Bed Bath & Beyond Plans To Close Remaining Stores After Filing For Bankruptcy
Bed Bath & Beyond Plans To Close Remaining Stores After Filing For Bankruptcy Struggling home goods retailer Bed Bath & Beyond filed for Chapter 11 bankruptcy protection on Sunday, April 23 with plans to close all of its remaining stores after efforts to raise enough money to keep the company alive came up short. The company said in a statement that it will implement "an orderly wind-down" of its businesses while conducting a limited marketing process to solicit interest in one or more sales of some or all of its assets.  For now, 360 Bed Bath & Beyond and 120 buybuy BABY stores and websites will remain open and continue serving customers as the com…

SHARE

by Joe Lombardi
Business
These Regal Cinema Theaters In The DMV Region Will Be Closing For Good These Regal Cinema Theaters In The DMV Region Will Be Closing For Good
These Regal Cinema Theaters In The DMV Region Will Be Closing For Good The show will not be going on for several Regal Cinemas locations in the DMV area as the theater’s parent company contends with Chapter 11 bankruptcy concerns. A total of 39 Regal theaters across the country are set to shutter their doors - following the closure of several others that have already been shut down - after parent company, Cineworld filed for bankruptcy last year. In Maryland, Virginia, and Washington, DC, these Regal Cinemas theaters will soon be a relic of the past: Bowie Stadium 14 in Maryland; Rockville Center Stadium 13 in Maryland; Greenbriar Stadium 13 in Chesapeake…

SHARE

by Zak Failla