by Admin | Jul 5, 2020 | Companies, News
Another business giant has fallen under the burden of the pandemic crisis in the United States. GNC, the vitamin and supplement company, announced in late May that it has filed for bankruptcy and that they plan to close up to a quarter of their 5,800 stores while they...
by Admin | Nov 29, 2019 | Companies, News
The last Toys R Us store closed in June of 2018 after the company went through bankruptcy and liquidation. Viral memes went out of Geoffrey the Giraffe looking for a new job, but the defunct company maintained that their story wasn’t over yet. They seem to have been...
by Admin | Dec 31, 2018 | Companies, News
It was not a good year for Sears in 2018. Faced with declining sales and other clear signs of financial peril, the company was forced to declare bankruptcy. Its future now hangs in the balance, and now according to CNN Business, it might be up to this year’s...
by Admin | Mar 28, 2018 | Companies, News
Times have changed in America. In a previous era, not too long ago, we used to go to malls and shop in stores; now, we can simply get our shopping done online. The traditional brick-and-mortar retailers are feeling the pain. According to CNN Money, another one is now...
by Admin | Oct 26, 2017 | Companies, News
The Craftsman tool brand, which has been a Sears icon for almost 100 years, is going to be sold at Lowe’s beginning in the second half of 2018. It’s the first time that the brand, which was created by Sears almost 100 years ago, will be sold at a big-box retailer. “We...
