Joann Fabrics is filing for bankruptcy for the second time since last March, and there is already talk of a bidder that might ...

Joann Fabrics announced it was declaring Chapter 11 bankruptcy for the second time within a 12-month period as it seeks a buyer to rescue the beleaguered chain. Chapter 11 bankruptcies provide ...

Joann Fabrics and Crafts has filed for bankruptcy for a second time within a year and announced that it’s seeking a sale.

Currently an investment firm from Boston specializing in distressed companies is the stalking horse bidder. Late last month, ...

Shoppers raised their eyebrows when the brand started quietly closing locations in a handful of states as the calendar ...

The Columbus, Ohio-based retailer announced this month it closed a previously announced sale agreement with Gordon Brothers ...

Gordon Brothers has handled liquidation of several prominent defunct brands, including Bed Bath & Beyond, CompUSA, KB Toys, ...

Gordon Brothers supported the transaction by helping Big Lots secure a $200 million delayed draw term loan and a $150 million ...

As the Hanover and York Big Lots began their closure sales, the Pa. Attorney General's Office has recently issued an advisory ...

Attorney General Michelle Henry is warning Pennsylvanians to protect themselves as Big Lots closes its remaining 64 stores ...

This comes after Big Lots announced it would be closing down all its locations after previous store closings and the company's filing for Chapter 11 bankruptcy. While a Big Lots spokesperson said ...

Big Lots launched Chapter 11 bankruptcy proceedings in early September to help facilitate the sale of "substantially all" of its assets to its "stalking horse bidder" Nexus Capital Management.