The family-owned mattress retail chain's creditors file to convert its bankruptcy to Chapter 7 liquidation.

A well-known rum, bourbon, and vodka producer will close as rising costs and market pressures continue to challenge craft distilleries in the U.S.

The distillery opened in the former Kmart shell on Boundary Street nearly six years ago at the height of the pandemic.

Alumicraft LLC, the California-based off-road racing car maker, has filed for Chapter 7 bankruptcy in the Southern District ...

Umbrella Armory, a California-based airsoft equipment business, has filed for Chapter 7 bankruptcy, according to court documents.

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Elysse Bell is a finance and business writer for Investopedia. She writes about small business, personal finance, technology, and more. Vikki Velasquez is a researcher and writer who has managed, ...

The auto industry has faced economic distress in the last year that led to bankruptcy filings and business closings. Most ...

After a domino effect of smaller airlines filing for bankruptcy protection in the fall of 2025, the first airline shutdowns of the new year have already started emerging. On the fourth day of January, ...

Filing for bankruptcy isn't a decision that most people take lightly, and for good reason. Not only does a bankruptcy have a significant impact on your finances, but you must also meet specific ...

As indicated by store closing signs at Rite Aid pharmacies across Pittsburgh, serving as a conspicuous reminder of the fallout from the still-growing ranks of retail business failures, commercial ...