Tag: Financial Restructuring
Updated List Of Scheduled Red Lobster Closures Includes 5 New NY Locations
Red Lobster plans to close more restaurants just weeks after it filed for bankruptcy, according to a new report.
In a bankruptcy petition filed on Sunday, May 19, the company listed assets of $1 billion and liabilities of $10 billion.
Days before the filing, dozens of Red Lobster locations were listed as "temporarily closed" on the company's website, including these New York locations:
Kingston,
Scarsdale,
Nanuet,
Poughkeepsie,
Stony Brook
In an updated list of closures reported by CNN on Thursday, June 6, five new locations in New York have been added to the list, including it…
PA Christmas Tree Shops Stores Among 10 National Store Closures
Christmas Tree Shops has announced it will close 10 of its stores after filing for bankruptcy.
The 53-year-old discount home-goods chain offers seasonal decor year-round, along with assorted gifts, kitchen items, and furniture.
The 10 stores closures are:
Rockland County, New York: 32 Spring Valley Marketplace, Spring Valley;
Jefferson County, New York: 21182 Salmon Run Mall Loop West, Watertown;
Cape Cod, Massachusetts: Davis Straits, Route 28 Falmouth Plaza, Falmouth, Massachusetts;
Barnstable County, Massachusetts: Cranberry Highway Route 6A, Sagamore;
Lancaster County, Pennsylvania:…
