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Rite Aid's exit from bankruptcy hinges on CEO's $20 million payout
Fortune· 6 hours agoThe pharmacy chain in April put off a key court hearing in order to complete a deal that would cut $2 billion in debt, resolve lawsuits related to opioid prescriptions and end the company’s ...
Is Red Lobster closing more locations in Iowa? Here's which restaurant may shutter
Gannett via AOL· 3 hours agoWhy is Red Lobster closing? By filing for Chapter 11 bankruptcy, Red Lobster will pursue “operational improvements,” including restaurant ...
Six Alamo Drafthouse theaters shutter outside Austin metro, although they could come back - Austin...
The Business Journals· 1 hour agoAustin-based Alamo Drafthouse Cinema is losing six locations outside Central Texas after a franchisee filed for Chapter 7 bankruptcy. The company that operated ...
Rite Aid CEO’s $20 Million Pay Spurs Bankruptcy Lender Backlash
Bloomberg· 23 hours agoHave a confidential tip for our reporters? payout to Chief Executive Officer Jeffrey Stein be...
Nordstrom blames recent financial loss on a deal shoppers love
TheStreet via Yahoo Finance· 6 hours agoThis is not the first time a company has blamed a generous deal that it offered to customers for...
Company managing former WeLive space in Crystal City files for bankruptcy | ARLnow.com
ARLnow.com· 5 hours agoThe company managing a residential space in a Crystal City office building has filed for bankruptcy....
5 Restaurant Chains Facing Bankruptcy In 2024
Eat This, Not That! via AOL· 3 days agoGeorge Sheldon / ShutterstockThe restaurant industry is as unpredictable as ever. While some chains are struggling to keep up with their competitors,...
WeWork has a new lease on life as it exits bankruptcy — without founder Adam Neumann
Quartz· 6 days agoSeven months after WeWork officially filed for Chapter 11, the once high-flying office sharing...
Red Lobster could shut down over 100 more locations: reports
The Hill· 17 minutes agoThe financially-strapped seafood chain said in a new court filing that 228 rejected leases could...
The next Steward bankruptcy hearing is Monday. Here's what to expect. - Boston Business Journal
The Business Journals· 6 days agoHere’s a summary of what has happened since the Dallas-based for-profit healthcare system filed for ...