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bankruptcy

Closed Sears in Memphis, TN
Photo: Mike Kalasnik via Flickr

How to Not Be Like Sears

In life, nothing lasts forever. This month, Sears filed for bankruptcy after years of struggling to find its place in the retail market among emerging giants like Amazon and Walmart. The company…

Mattress Firm Files Ch. 11 Bankruptcy

Mattress Firm announced today it has filed Chapter 11 in the U.S. Bankruptcy Court in Delaware and plans to close 700 underperforming stores, approximately 200 of which will close within the next few…

RHF Investments Inc. Will Acquire Hickory Chair, Maitland Smith, Pearson, La Barge Brands

Rock House Farm Family of Brands (RHF Investments Inc.), the parent of Century Furniture and Hancock and Moore, announced that it has received final court approval of its bid to acquire substantially…

Heritage Home Group Files for Bankruptcy

Heritage Home Group (HHG), owner of brands including Hickory Chair, Pearson, Broyhill and Thomasville, has filed for bankruptcy. It announced that it and its affiliates have identified buyers for…
Exterior of a Toys R Us store
Photo: Mike Mozart via Flickr

3 Big Lessons from the Latest String of Bankruptcies and Closures

Last week, the retail industry — and the hundreds of people still humming "I don't wanna grow up, I wanna be a Toys R Us kid" song — got a nasty shock when toy retailer Toys R Us announced it would…
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