bankruptcy

Mattress Firm Files for Chapter 11 Bankruptcy Protection

Mattress Firm Files for Chapter 11 Bankruptcy Protection

Mattress Firm, the largest U.S. mattress company is filing for Chapter 11 bankruptcy protection. Chapter 11 bankruptcy is a way for retailers to get out of unwanted leases. Across the U.S., Mattress Firm has 3,500 locations which in the past were in..

Hasbro to Acquire Mattel

Hasbro to Acquire Mattel

Hasbro (NASDAQ: HAS) has announced plans to buy Mattel (NASDAQ: MAT) in an attempt to combine the two biggest U.S. toymakers in more than two decades. By uniting Hasbro’s My Little Pony, Nerf, and Monopoly brands with Matter’s Barbi..

Gymboree Announced to Close 350 Stores Nationwide

Gymboree Announced to Close 350 Stores Nationwide

This week, the Gymboree Corporation (NASDAQ: GYMB), a children’s clothing retailer, announced that it will close 350 stores as part of its previously announced restructuring.The company filed for Chapter 11 bankruptcy protection in June. Curre..