Remington, America’s oldest gun manufacturer, announced on Monday that it is filing for Chapter 11 Bankruptcy protection. The expected bankruptcy filing, announced by parent company Remington Outdoors on Monday, caps a remarkable fall for America’s oldest gun manufacturer, which was founded in 1816.
Tampa Bankruptcy Blog
Gander Mountain has emerged from Chapter 11 bankruptcy as Gander Outdoors. Under ownership of Camping World, Gander Mountain has begun opening stores under the title “Gander Outdoors,” including one that opened on Wednesday in Lakeville, MN, which had previously been a Gander Mountain location. The company plans to open 55 to 65 Gander Outdoors stores
Winn Dixie’s parent company, Southeastern Grocers, could be nearing bankruptcy proceedings. Citing sources familiar with ongoing debt negotiations, Grocery Headquarters reports Southeastern Grocers, which owns the Bi-Lo, Winn-Dixie and Harveys chains, is considering filing for Chapter 11 bankruptcy restructuring. The company has hired outside advisers to help as it seeks to refinance $1 billion in debt.
The City of Hartford, Connecticut is headed towards bankruptcy, according to a new report by the New York Times. According the the Times: The problems in Hartford are similar to some other cities across the United States that have sought relief through bankruptcy: its tax base and population have shrunk and its pension obligations and
Gymboree has filed for Chapter 11 bankruptcy. The source is cbsnews.com. According to the children’s clothing retailer, as part of the restructuring they will be closing 350 stores. The company also owns Crazy 8 and Janie and Jack brand stores. The official company statement: The Gymboree management team is confident that this financial restructuring is