Iconic Tupperware Brands seeks Chapter 11 bankruptcy - AP News
WEB1 day ago · Updated 10:09 AM PDT, September 18, 2024. NEW YORK (AP) — Tupperware Brands, the company that revolutionized food storage decades ago, has filed for Chapter 11 bankruptcy protection. Orlando, Florida-based Tupperware plans to continue operating during the bankruptcy proceedings and will seek court approval for a sale, “in order to …
Tupperware Files For Chapter 11 As Famous Sales Parties Fall Flat
WEB13 hours ago · Tupperware, one of the brands that revolutionized U.S. retailing, is entering Chapter 11. Tupperware, a genuine icon in a world that uses the phrase far too often, and famed for its plastic food ...
Tupperware files for bankruptcy | CNN Business
WEB1 day ago · Chapter 11 bankruptcy is a common route. Tupperware shares have plummeted 74.5% this year and last traded at just 51 cents. This story has been updated with additional information.
Tupperware, company known for its plastic containers, files for Chapter …
WEBTupperware Brands Corp. and some of its subsidiaries filed for Chapter 11 bankruptcy on Tuesday, the company announced in a news release. The bankruptcy filing comes amid dwindling demand for its ...
Tupperware Brands files for Chapter 11 bankruptcy - Quartz
WEB1 day ago · That process is expected to start on Sept. 28. Last year in April, the company’s stock plummeted by nearly 50% after Tupperware warned of a potential business closure. Filing for bankruptcy will ...
Big Lots files for Chapter 11 bankruptcy protection | AP News
WEBSep 9, 2024 · Discount retailer Big Lots has filed for Chapter 11 bankruptcy protection, as it contends with a pullback in consumer spending and soft sales. The Columbus, Ohio-based company plans to sell its assets and ongoing business operations to private equity firm Nexus Capital Management.
Big Lots files for bankruptcy | CNN Business - CNN International
WEBSep 9, 2024 · Chapter 11 is useful for Big Lots because “it gives a debtor leverage in negotiations and allows a company to renegotiate and reject burdensome leases and contracts, which are often a major...
Joann Fabrics and Crafts files for Chapter 11 bankruptcy - NBC News
WEBMar 18, 2024 · Joann Fabrics and Crafts has filed for Chapter 11 bankruptcy protection as it seeks to reorganize its finances. In a release accompanying its filing, Joann said its stores and website would...
Crafts retailer Joann files for Chapter 11 bankruptcy as ... - AP News
WEBMar 18, 2024 · Fabric and crafts retailer Joann has filed for Chapter 11 bankruptcy protection, as consumers continue to cut back on discretionary spending and pandemic-era hobbies.
Rite Aid's exit from bankruptcy hinges on CEO's $20 million payout
WEBJun 6, 2024 · The company’s legal team last month sought to reassure creditors that the pharmacy chain will survive Chapter 11, saying the company is still working with banks and a key bondholder group on a...