New Jersey State

Massachusetts State

Columbus, OH

Connecticut State

A massive clothing retailer now files an unexpected bankruptcy, triggering store closures and layoffs nationwide according to a filing. The parent company of Bob’s Stores and Eastern Mountain Sports, both headquartered in Connecticut, have filed for Chapter 11 bankruptcy bankruptcy. The 24-page filing came late Tuesday from GoDigital Media...

A Massive Clothing Retailer Now Files An Unexpected Bankruptcy

Michigan State

Flint, MI

A massive retailer is now closing stores in Michigan after announcing last spring it would shutter more than 400 locations nationwide. Foot Locker’s announcement last spring to close over 400 locations across North America has hit home in Michigan. The store located at Genesee Valley Center in Flint will...

A Massive Retailer Is Now Closing Stores in Michigan

Alabama State

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community_voice

Annapolis, MD

Kianna Writes

JCPenney: A Struggling Giant Forced to Close More Stores. There is news about a retail giant that’s been a part of many of our shopping experiences over the years. JCPenney, the famous mall retailer, is closing four more of its locations. It’s a tough blow for the company that’s been trying to find its footing since its 2020 bankruptcy.

A famous mall retailer is now closing four more locations in Alabama, Texas, Maine, and Maryland

Bob’s Stores, a subsidiary of GoDigital Media Group, will close all of its Bob’s locations and liquidate all inventory as part of the Chapter 11 restructuring petition filed on June 18, 2024. Despite making swift and aggressive changes to its structure and operations, the company said that it could not secure the finances needed to maintain operations.

EXEC: Bob’s Stores Commences Going Out of Business Sales

San Diego, CA

Aurora, CO

The US Sun

WALMARTS are closing across the country - and retail experts say the cuts are signals of a bleak future for shoppers. The multi-million dollar corporation has closed nine stores so far this year, which could be a warning sign for other retail giants. Walmart, which operates 5,000 stores in the...

Walmart store closures are a warning sign of retail apocalypse with other chains also facing threat, expert says

Colorado State

California State

Golden Gate Media

Rubio's Coastal Grill, renowned for its fish tacos and a staple in the California dining scene, filed for bankruptcy protection in Delaware on Wednesday. The move follows the closure of 48 locations earlier this month, leaving 86 restaurants open across California, Arizona, and Nevada.

California taco chain files for bankruptcy days after shuttering 48 stores, blames CA's high costs

Texas State

In a startling turn of events that underscores the complex web of global business, SouthRock Capital, a major player in Brazil's restaurant scene, has filed for Chapter 15 bankruptcy in Texas. This move is aimed at protecting its remaining assets in the U.S., particularly its rights to operate TGI Fridays in Brazil, amid a cascade of financial setbacks.

Major Restaurant Chain Declares Unexpected Bankruptcy in Texas

Newark, NJ

Contributors represent independent, third-party users who have joined our contributor program and self-verified their accounts. They have also demonstrated their experience writing hard news for other outlets. Contributors are expected, like all users, to adhere to our Community Standards.

contributor

Morristown Minute

NEWARK, N.J. – Eight individuals associated with the "793 Bloods" street gang, a subset of the national Bloods gang, have been charged for their roles in a Newark-based drug trafficking organization, U.S. Attorney Philip R. Sellinger announced.

Eight '793 Bloods' Gang Members Charged in Newark Drug Network

Ohio State

The pandemic and its aftermath continue to victimize local chains, even those with strong reputations and national notoriety. The latest is Melt Bar & Grilled, a grilled cheese concept founded in 2006 that operates four locations in Ohio. The company, which at one point was featured on both the Food Network and the Travel Channel, filed for Chapter 11 bankruptcy protection late last week.

More small restaurant chains file for bankruptcy

Georgia State

FinanceBuzz

Learn about the unfortunate downfall of 3 Popeyes stores in 2024 as we uncover the bankruptcy driving their closure.

Popeyes Is Closing These 3 Stores in 2024 (Due to Bankruptcy)

Rite Aid has announced the closure of 27 stores as the embattled pharmaceutical chain continues its debt restructuring under its current bankruptcy proceedings. The store closures were first announced back in 2023, and more than 150 stores were affected by the announcement. However, according to FOX Business, 27 more stores in two states are closing as well.

Rite Aid Closes 27 More Stores Amid Bankruptcy Proceedings

Big news in the retail world: Redbox, the well-known DVD rental kiosk company, has filed for Chapter 11 bankruptcy. This comes after its parent company, Chicken Soup for the Soul Entertainment, which acquired Redbox in 2022 for $357 million in stock and debt, reported significant financial struggles.

A major retailer with 29k locations has filed for bankruptcy, citing $500 million in debt

Ali Carney, 46, of Newark, received a 65-month prison sentence for conspiring to distribute narcotics, including fentanyl and heroin, and possessing with intent to distribute fentanyl, according to U.S. Attorney Philip R. Sellinger.

Gang Member Sentenced to 65 Months for Drug Trafficking

PopCulture

The food item shipped with the wrong use-by date.

Aldi Facing Another Food Recall

Redbox’s owner, Chicken Soup for the Soul Entertainment, filed for bankruptcy protection overnight. This comes at the tail end of a month in which the DVD rental company defaulted on loans, saw an order for its cars to be repossessed, and missed payroll for employees. Chicken Soup for the...

Redbox’s owner files for bankruptcy after repeatedly missing payments and payroll

Coffee County, GA

Douglas, GA

Daily Coffee Press

A 49-year-old woman from Douglas was recently arrested for allegedly submitting a life insurance policy for her ex-husband without his knowledge. According to a Coffee County Sheriff’s Office incident report, detectives met with a man on May 7 at the Coffee County Law Enforcement Center concerning a reported case of insurance fraud.

Georgia woman charged for allegedly filing life insurance policy application on ex-husband

Florida State

Red Lobster, the popular seafood chain known for drawing crowds with its generous deals, has found itself in troubled waters. The company has filed for Chapter 11 bankruptcy in Florida, a decision driven by financial challenges that have led to the closure of over 100 locations nationwide.

A major restaurant franchisee has now filed for bankruptcy in Florida

Kentucky State

Northern Kentucky Tribune

Kentucky’s medical cannabis program has taken significant steps toward ensuring those with qualifying conditions have access to medical cannabis as soon as possible, said Gov. Andy Beshear this week.

State to open licensing applications for medical cannabis businesses beginning July 1

The Independent

 Chicken Soup for the Soul Entertainment, the parent of DVD rental operator Redbox, has filed for Chapter 11 bankruptcy protection.The bankruptcy filing comes after months of a series of financial struggles for the company and piling unpaid bills. Chicken Soup for the Soul has accumulated nearly $1 billion in debt, the Chapter 11 filing submitted Friday in Delaware bankruptcy court shows, after reporting loss after loss over recent quarters. The filing also discloses that Chicken Soup for the Soul owes millions to over 500 creditors — which range from big names in the entertainment world like Sony Pictures and...

Redbox owner Chicken Soup for the Soul files for Chapter 11 bankruptcy protection

Allentown, PA

The Shenandoah (PA) Sentinel

MOREA – An Allentown woman is in Schuylkill County Prison, accused of trying to smuggle...
The post PSP: Allentown woman tried to smuggle synthetic opioid strips into prison first appeared on The Shenandoah Sentinel.

PSP: Allentown woman tried to smuggle synthetic opioid strips into prison

NewsBreak

End of an Era: Bob's Stores Closing All New England Locations Amid Liquidation Sale

Bob's Stores, a longtime staple for clothing and footwear in New England, is closing all of its locations and has begun a liquidation sale, officials confirmed...

End of an Era: Bob's Stores Closing All New England Locations Amid Liquidation Sale

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