bankruptcy

Another major retailer is on the verge of filing bankruptcy which can possibly affect New York shoppers.

Bed, Bath & Beyond could soon be a thing of the past. The company, along with buybuy BABY, has filed for bankruptcy.

The company announced in a press release that they sold "substantially all of its assets" to Amici Partners Group, LLC as part of their Chapter 11 filing.

Lord + Taylor filed for Chapter 11 bankruptcy on Sunday and many New York stores began putting up signs on their doors, announcing closing sales.

The rumors about Remington Arms filing for bankruptcy again are true. On Monday, America's oldest gunmaker filed a Chapter 11 petition in U.S. Bankruptcy Court in Alabama for the second time since 2018.

The discounts range from 25 to 40% off original prices across many types of merchandise in all sections of the store.

Another one bites the dust: after months of speculation, Forever 21 has filed for bankruptcy and announced plans to close 180 stores.

The retail landscape has been pretty bleak recently, and now some new announcements are indicating that more closures could be on the way.

The retail apocalypse continues: clothing retailer Forever 21 is reportedly set to file for bankruptcy protection in an effort to restructure it's debt.

Yet another retailer with locations in Central New York has filed for bankruptcy - and is planning on closing nearly 100 of its stores.

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The decision was made to “preserve the existing stores, 350 employees and continue providing great products at reasonable prices to the Central New York community,” according to their press release.