hhgregg To Liquidate Assets
The latest brick-and-mortar retail casualty, hhgregg has announced that the United States Bankruptcy Court for the Southern District of Indiana approved initiation of a liquidation process that began on April 8.
liquidation
Lowe’s In Dispute With Woolworths Over Joint Venture
Lowe’s Companies has filed a motion requesting that the Federal Court of Australia appoint a liquidator to oversee the equitable and orderly wind up of its Masters joint venture vehicle, Hydrox Holdings, as part of a liquidation process that has been initiated by its former partner in the venture, Woolworths.
Sears Holdings To Close 78 Stores This Summer
Sears Holdings will close 68 Kmart and 10 Sears stores this summer as the retailer…
FreshTape To Cease Manufacturing, Sales
FreshTape, a reusable, resealable tape for use on food bags, will no longer manufacture the…
Ollie’s Readies Secondary Stock Offering
Ollie’s Bargain Outlet Holdings has announced that certain g stockholders of the company, including co-founder…
Kmart Developing Liquidation Merchandise Operation
Kmart is adding an off-price, treasure-hunt element to its business. Kmart’s strategic merchandising group said…
Anna’s Linens Begins Liquidation
Hilco Merchant Resources and Gordon Brothers Group announced today that they have begun going-out-of-business sales…
Target To Close All Canadian Stores By April 12
Target Canada Co. has announced that it will complete its inventory liquidation efforts and close…
Target Exits Canada As U.S. Results Beat Estimates
Despite what it characterized as a better than expected holiday sales period for the company…