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Toys “R” Us Files for Bankruptcy

Toys “R” Us, the worldwide retailer of children’s’ toys, has filed for chapter 11 bankruptcy for its North American operations. According to the Wayne, New Jersey-based company, all stores are...

Payless Shoes Stores Headed for Bankruptcy

Payless is now following suit with other major retailers and filing for bankruptcy, closing hundreds of stores and shifting their focus towards online sales. They are filing for Chapter 11 bankruptcy ...

Silicon Valley vs. Retail: 2 Differing Views of Bankruptcy

Today’s high tech companies and yesterday’s brick-and-mortar stores share one thing in common: bankruptcies. What they don’t share is the same outlook. Bankruptcies have been gaining positive mo...

61,000 Customers Left Empty Handed After Drone Startup Files for Bankruptcy

Nearly a year ago, Lily Robotics was flying high as its camera drone flew off of virtual shelves. Not only had the company closed a $15 million investment deal, pre-sales of its camera drone had toppe...

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