Showing 1 to 12 of 138 results
WeightWatchers Files for Bankruptcy, Pivots to Telehealth
WeightWatchers, facing declining revenue and an aging customer base, filed for Chapter 11 bankruptcy on Tuesday to eliminate \$1.15 billion in debt, planning to focus on its telehealth division, WeightWatchers Clinic, which saw a 57% revenue increase in the last year, and expects to exit bankruptcy ...
WeightWatchers Files for Bankruptcy, Pivots to Telehealth
WeightWatchers, facing declining revenue and an aging customer base, filed for Chapter 11 bankruptcy on Tuesday to eliminate \$1.15 billion in debt, planning to focus on its telehealth division, WeightWatchers Clinic, which saw a 57% revenue increase in the last year, and expects to exit bankruptcy ...
Progress
32% Bias Score
Rite Aid Re-Files for Bankruptcy, Seeks Buyer
Rite Aid, the seventh-largest pharmacy chain in the US, re-filed for Chapter 11 bankruptcy on Monday, seeking a buyer while securing nearly $2 billion in financing to maintain operations during the process, following a previous bankruptcy in 2023 and a failed acquisition attempt by Walgreens in 2017...
Rite Aid Re-Files for Bankruptcy, Seeks Buyer
Rite Aid, the seventh-largest pharmacy chain in the US, re-filed for Chapter 11 bankruptcy on Monday, seeking a buyer while securing nearly $2 billion in financing to maintain operations during the process, following a previous bankruptcy in 2023 and a failed acquisition attempt by Walgreens in 2017...
Progress
44% Bias Score
Rite Aid Files for Second Bankruptcy, Seeking Buyer Amidst Industry Challenges
Rite Aid, the third-largest standalone pharmacy chain in the US, filed for Chapter 11 bankruptcy for a second time on Monday, seven months after emerging from its first bankruptcy, seeking a buyer while aiming to maintain operations and pharmacy services, highlighting the struggles in the drugstore ...
Rite Aid Files for Second Bankruptcy, Seeking Buyer Amidst Industry Challenges
Rite Aid, the third-largest standalone pharmacy chain in the US, filed for Chapter 11 bankruptcy for a second time on Monday, seven months after emerging from its first bankruptcy, seeking a buyer while aiming to maintain operations and pharmacy services, highlighting the struggles in the drugstore ...
Progress
48% Bias Score
US Retail Faces Crisis Amidst Tariff Uncertainty
US retail faces a crisis due to tariff uncertainty, with suppliers delaying orders for fall and holiday seasons, risking shortages and potential bankruptcies within 30 days; a solution is urgently needed to prevent widespread economic fallout and price increases for consumers.
US Retail Faces Crisis Amidst Tariff Uncertainty
US retail faces a crisis due to tariff uncertainty, with suppliers delaying orders for fall and holiday seasons, risking shortages and potential bankruptcies within 30 days; a solution is urgently needed to prevent widespread economic fallout and price increases for consumers.
Progress
72% Bias Score
Canadian Tire Bids on Hudson's Bay Intellectual Property
Canadian Tire has reportedly bid on Hudson's Bay's intellectual property, including its famed Stripes brand and Zellers, as part of the department store's creditor protection case; other bidders include Urbana Corp. and Weihong Liu, who is interested in operating some Bay stores.
Canadian Tire Bids on Hudson's Bay Intellectual Property
Canadian Tire has reportedly bid on Hudson's Bay's intellectual property, including its famed Stripes brand and Zellers, as part of the department store's creditor protection case; other bidders include Urbana Corp. and Weihong Liu, who is interested in operating some Bay stores.
Progress
44% Bias Score
Hudson's Bay Exceeds Liquidation Sales Projections Amidst Asset Sale
Hudson's Bay Co. is selling its assets and leases separately; 18 bidders showed interest in 65 leases, while liquidation sales from March 15 to April 18 reached $235.7 million, exceeding projections, though sales are slowing; the company's art and artifacts will also be sold.
Hudson's Bay Exceeds Liquidation Sales Projections Amidst Asset Sale
Hudson's Bay Co. is selling its assets and leases separately; 18 bidders showed interest in 65 leases, while liquidation sales from March 15 to April 18 reached $235.7 million, exceeding projections, though sales are slowing; the company's art and artifacts will also be sold.
Progress
36% Bias Score
WeightWatchers Files for Bankruptcy Amidst Rise of Weight-Loss Injections
WeightWatchers filed for bankruptcy in the US due to $1.88 billion in liabilities exceeding asset value and decreased demand from the rise of weight loss injections, resulting in a $1.15 billion debt write-off while maintaining operations.
WeightWatchers Files for Bankruptcy Amidst Rise of Weight-Loss Injections
WeightWatchers filed for bankruptcy in the US due to $1.88 billion in liabilities exceeding asset value and decreased demand from the rise of weight loss injections, resulting in a $1.15 billion debt write-off while maintaining operations.
Progress
36% Bias Score
Ebusco avoids bankruptcy after last-minute investment
Dutch bus manufacturer Ebusco narrowly avoided bankruptcy after receiving a last-minute "5 million euro" payment from a Taiwanese investor, resolving immediate financial issues but leaving its long-term viability uncertain due to past production delays and penalties.
Ebusco avoids bankruptcy after last-minute investment
Dutch bus manufacturer Ebusco narrowly avoided bankruptcy after receiving a last-minute "5 million euro" payment from a Taiwanese investor, resolving immediate financial issues but leaving its long-term viability uncertain due to past production delays and penalties.
Progress
40% Bias Score
Rite Aid Files for Bankruptcy Again Amid Retail Downturn
Rite Aid, operating 1,245 stores after a previous bankruptcy, filed for Chapter 11 protection again due to financial issues stemming from insufficient inventory and declining sales, seeking a buyer while keeping stores open during the process.
Rite Aid Files for Bankruptcy Again Amid Retail Downturn
Rite Aid, operating 1,245 stores after a previous bankruptcy, filed for Chapter 11 protection again due to financial issues stemming from insufficient inventory and declining sales, seeking a buyer while keeping stores open during the process.
Progress
40% Bias Score
Ebusco Faces Bankruptcy Amidst Financial Crisis
The Dutch electric bus manufacturer Ebusco faces potential bankruptcy after a supplier filed for its insolvency due to unpaid bills, following a challenging year with a €132 million loss and significantly reduced revenue, revealing critical supply chain and production issues.
Ebusco Faces Bankruptcy Amidst Financial Crisis
The Dutch electric bus manufacturer Ebusco faces potential bankruptcy after a supplier filed for its insolvency due to unpaid bills, following a challenging year with a €132 million loss and significantly reduced revenue, revealing critical supply chain and production issues.
Progress
44% Bias Score
German Window Maker Meeth Declares Bankruptcy Amidst Rising National Insolvencies
Meeth, a 40-year-old German window manufacturer in Wittlich, declared bankruptcy due to a confluence of factors including a faulty computer system and a broader construction industry crisis characterized by increased costs, labor shortages, and reduced building permits, resulting in 90 job losses.
German Window Maker Meeth Declares Bankruptcy Amidst Rising National Insolvencies
Meeth, a 40-year-old German window manufacturer in Wittlich, declared bankruptcy due to a confluence of factors including a faulty computer system and a broader construction industry crisis characterized by increased costs, labor shortages, and reduced building permits, resulting in 90 job losses.
Progress
40% Bias Score
Surge in US Bankruptcy Inquiries Signals Potential Economic Crisis
The number of Americans considering bankruptcy is soaring to its highest level since before the pandemic due to record debt levels, persistent inflation, and high interest rates, potentially signaling a major wave of filings in the coming months.
Surge in US Bankruptcy Inquiries Signals Potential Economic Crisis
The number of Americans considering bankruptcy is soaring to its highest level since before the pandemic due to record debt levels, persistent inflation, and high interest rates, potentially signaling a major wave of filings in the coming months.
Progress
44% Bias Score
Showing 1 to 12 of 138 results