November 15, 2023
In the RITE AID CORPORATION, DIP case, the Debtors notified the Court that they intend to close 15 additional stores. These units are in addition to ... Read more
November 8, 2023
In the RITE AID CORPORATION, DIP case, the Debtors notified the Court that they intend to close 24 additional stores.These units are in addition to the initial list o ... Read more
November 1, 2023
In the RITE AID CORPORATION, DIP case, the Debtors filed a motion seeking authorization to reject 35 unexpired store leases, which is in addition to previously filed motions seeking to reject 350 unexpired lease ... Read more
October 24, 2023
The Court provided interim authorization for RITE AID CORPORATION, DIP to pay certain prepetition claims of 503(b)(9), lien and critical vendor claimants, in an aggreg ... Read more
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October 18, 2023
RITE AID CORPORATION, DIP filed a voluntary Chapter 11 petition in the U.S. Bankruptcy Court for the District of New Jersey. The proceedings have been desi ... Read more
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October 11, 2023
MACYS announced plans to open up to 30 new Macys small-format locations across the country, beginning in 2024 through fall 2025. This exp ... Read more
The weeks top stories...Blue Apron and Chicos are acquired, Toys R Us is coming back, and Target and Dicks close stores
October 4, 2023
TOYS R US plans to open new stores in the U.S., "marking a return to dedicated bricks-and-mortar locations," following its bankruptcy in 2017. Parent comp ... Read more
September 27, 2023
RITE AID is negotiating with creditors over the terms of a bankruptcy plan that would include closing a substantial portion of its more than 2,200 drugstores, according to sources. The Company and bondholders are in discussions over the number of stores to be closed. Rit ... Read more
September 20, 2023
INSTACART begins trading today on the Nasdaq under the symbol "CART." Last week the Company submitted an updated filing for its proposed IPO, setting an offer price of $28 to $30 per share (up from $26 to $28 initially reported). The Company plans to issue 22 millio ... Read more
September 13, 2023
KROGER and ALBERTSONS announced that they have entered into an agreement with C&S WHOLESALE GROCERS for the sale of 413 stores, banners, distribution centers, offices and private label brands in connection with their proposed merger previously announc ... Read more
