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Monday, feb 3
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Monday, feb 3
Tag:
Auction
Business
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…
Business
Red Lobster Suddenly Closes Dozens Of Locations Nationwide: Here's Where
Red Lobster has abruptly closed dozens of locations across the United States. According to a Bloomberg, the fast-casual seafood restaurant has considered filing for bankruptcy. The following locations are listed as being temporarily closed on the Red Lobster website, with some set to be auctioned off. MD: Columbia, Laurel, Silver Spring, Gaithersburg NJ: Ledgewood, Lawrenceville, East Brunswick, Bridgewater PA: Erie VA: Newport News, Williamsburg, Colonial Heights TAGeX Brand, which bills itself as the world's largest after-marketplac…
News
RBG's Iconic Pegasus Collar Auctioned Off In Alexandria
One of the late Supreme Court Justice Ruth Bader Ginsburg's favorite pieces of jewelry is being auctioned off by a Northern Virginia auction house. RBG's iconic Pegasus collar will hit the auction block in September. Ginsburg, who changed the course of history for women’s rights and gender equality, famously became known for her iconic collars and jabots worn on the bench. For the Justice, each had a powerful coded message coupled with a fashion statement. The Pegasus limited edition silver metallic bib by Stella & Dot was one of RBG's favorite collars evoking power and strength with t…
News
Adolf Hitler's Watch Sells For $1.1M At Maryland Auction
A watch that once belonged to Adolf Hitler sold for more than $1 million at a Maryland auction house. Alexander Historical Auctions in Chesapeake City announced that it sold the former führer’s wristwatch for $1.1 million over the weekend, describing it as a “World War II relic of historic proportions.” Auctioneers had estimated the value of the watch between $2 million and $4 million. The auction had come under fire from some, with Jewish officials objecting to the sale, stating that it has “little to no historical value.” “The sale of these items is an abhorrence,” a collection of 34 …
Police & Fire
NJ Scammer Admits Selling Bogus Tom Brady Super Bowl Rings
A 24-year-old New Jersey man pleaded guilty to fraud for pretending to be a New England Patriots player to buy and sell Super Bowl rings engraved with Tom Brady's last name, federal prosecutors said on Wednesday, Feb. 2. Scott V. Spina Jr., of Roseland, could face decades in prison when he's sentenced May 23, for charges of mail fraud, three counts of wire fraud, and one count of aggravated identity theft, authorities said. Spina's guilty plea comes one day after the quarterback announced his retirement after 22 seasons and seven Super Bowl titles. Spina ordered three replica Super Bo…
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