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Dean & DeLuca files for bankruptcy, still hopes to reopen stores

Dean & DeLuca Inc., the pioneering gourmet grocer that shuttered its New York stores last year, filed for bankruptcy with hopes of revitalizing the chain. The company’s goal is to cut a... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkApr 1st, 2020

Fairway could fire 2,000 workers after bankruptcy

The latest Fairway Market has left more than 2,000 jobs at risk, according to numbers the ailing grocer filed with state regulators.  In a notice to the state Labor Department on Friday, Fairway... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkFeb 7th, 2020

Speciality grocer Earth Fare files for bankruptcy amid closing all stores

Specialty grocer Earth Fare filed for bankruptcy protection on Tuesday — just one day after announcing it would shutter its 50-store footprint. The Asheville-based organic and natural foods grocer filed for Chapter 11 bankruptcy protection in U......»»

Category: topSource: bizjournalsFeb 4th, 2020

NY grocer Fairway files for bankruptcy, will close stores

New York-based grocery chain Fairway Market has filed for Chapter 11 bankruptcy protection and plans to shut five of its 14 locations, along with a distribution center......»»

Category: topSource: moneycentralJan 23rd, 2020

I worked at Toys R Us for 20 years before private equity killed my job. The same thing will happen to more workers if Congress doesn"t take action.

AP/Julio Cortez After 20 years of working at Toys R Us, Giovanna De La Rosa was laid off after the company's bankruptcy. The bankruptcy came after private-equity firms loaded the co.....»»

Category: topSource: businessinsiderNov 18th, 2019

Priest pays coal miners" bills after company files for bankruptcy

A group of Kentucky coal miners hasn't received pay since their company went bankrupt. Then, a financial savior arrived – a priest who gave more than 100 workers over $20,000......»»

Category: topSource: moneycentralJul 17th, 2019

Sears Buyer Wants to Skip $43 Million in Severance Owed to Laid Off Workers

The harder side of Eddie Lampert. When Eddie Lampert committed to buy out Sears from bankruptcy, he agreed to pay displaced workers up to $43 million. Now, he.....»»

Category: europeSource: fortuneMay 29th, 2019

Sears Buyer Wants to Skip $43 Million In Severance Owed to Laid Off Workers

The harder side of Eddie Lampert. When Eddie Lampert committed to buy out Sears from bankruptcy, he agreed to pay displaced workers up to $43 million. Now, he.....»»

Category: europeSource: fortuneMay 29th, 2019

The Wall Street Journal: Theranos lays off almost all of its remaining workers

Blood-testing firm Theranos Inc. laid off most of its remaining workforce in a last-ditch effort to preserve cash and avert or at least delay bankruptcy for a few more months, according people familiar with the matter......»»

Category: topSource: marketwatchApr 10th, 2018

Laid-off NECCO workers file class action suit over abrupt closure

The sudden closure of The New England Confectionary Co. in Revere has sparked a lawsuit against the candymaker’s owners. Round Hill Investments, which acquired NECCO for $17.8 million at a bankruptcy auction in May, closed the Revere plant last.....»»

Category: topSource: bizjournalsJul 30th, 2018

Toys R Us owners set aside millions of dollars for laid-off workers after bankruptcy

While the move would set a new precedent, advocates for the workers say it wouldn't come close to paying what they're owed.....»»

Category: topSource: washpostOct 1st, 2018

While Sears execs get $25M in bonuses, laid-off workers struggle

On Friday, a U.S. bankruptcy court judge allowed Sears Holdings to hand out the bonuses after the company successfully argued that it would lose its top people......»»

Category: topSource: moneycentralDec 18th, 2018

While Sears execs get $25M in bonuses, laid-off workers struggle

On Friday, a U.S. bankruptcy court judge allowed Sears Holdings to hand out the bonuses after the company successfully argued that it would lose its top people......»»

Category: topSource: moneycentralDec 18th, 2018

Toys R Us workers set to get paid – months after bankruptcy

Thousands of employees laid off without severance are eligible for checks ranging from $200 to more than $12,000.....»»

Category: topSource: moneycentralJan 3rd, 2019

Toys R Us workers set to get paid – months after bankruptcy

Thousands of employees laid off without severance are eligible for checks ranging from $200 to more than $12,000.....»»

Category: topSource: moneycentralJan 3rd, 2019

Mattress Warehouse, Sleep Outfitters, Mattress King company files Chapter 11 bankruptcy

Innovative Mattress Solutions, which owns Mattress Warehouse, Sleep Outfitters and Mattress King, filed for Chapter 11 bankruptcy protection Friday. &.....»»

Category: topSource: usatodayJan 11th, 2019

Mattress Warehouse, Sleep Outfitters company files Chapter 11 bankruptcy

Innovative Mattress Solutions, whose stores include Mattress Warehouse and Sleep Outfitters, filed for Chapter 11 bankruptcy p.....»»

Category: topSource: usatodayJan 12th, 2019

Toys R Us workers are training Sears workers to fight for severance

A bankruptcy court could decide whether Sears lives or dies this week. Laid-off employees are fighting for severance and benefits, following the example of Toys R Us workers who also lost their jobs......»»

Category: topSource: washpostFeb 4th, 2019

Toys R Us workers are training Sears workers to fight for severance

A bankruptcy court could decide whether Sears lives or dies this week. Laid-off employees are fighting for severance and benefits, following the example of Toys R Us workers who also lost their jobs......»»

Category: topSource: washpostFeb 4th, 2019

Toys R Us workers are training Sears workers to fight for severance

A bankruptcy court could decide whether Sears lives or dies this week. Laid-off employees are fighting for severance and benefits, following the example of Toys R Us workers who also lost their jobs......»»

Category: topSource: moneycentralFeb 5th, 2019