The furniture and mattress chain files for bankruptcy reorganization and closes stores.

The pizza dining sector has dealt with an industry downturn over the last two years, forcing major pizza chains to close 100s ...

With an eye on shedding around $600 million in debt, Cumulus Media has once again filed for prepackaged Chapter 11 bankruptcy ...

Cumulus Media filed for Chapter 11 bankruptcy, as the broadcaster entered into a prepackaged restructuring support agreement to eliminate roughly $600 million in debt.

When a company files for Chapter 7 or Chapter 11, investors often lose out ...

Whether it is an exclusive hotel spa or the nail salon at a suburban strip mall, the beauty industry has faced significant ...

The bankruptcy filing marks Cumulus’ second after previously filing for Chapter 11 in November 2017. It emerged from ...

The company's two Albuquerque stores will remain open. CEO Kenton Van Harten says the company is 'hopeful this gets resolved.

In a bid to save horse racing in Illinois and preserve 250 jobs and the homes of hundreds of backside workers and their ...

Luxury movie theater chain iPic Theaters has filed for Chapter 11 bankruptcy reorganization, vowing to try to return to ...

The entrepreneur and ‘RHOA’ cast member is seeking Chapter 11 protection as her vegan burger chain navigates mounting debt and restructuring.