Flooring Companies That Filed Chapter 11

As of july 23 roughly 40 retailers including big and small companies had filed for chapter 11 bankruptcy so far this year.

Flooring companies that filed chapter 11.

This list may not reflect recent changes. Companies that filed for chapter 11 bankruptcy in 2019 53 p companies that filed for chapter 11 bankruptcy in 2020 89 p this page was last edited on 24 october 2016 at 01 13 utc. 2 the same day as department store chain lord taylor. Chapter 11 is one of the easier methods of declaring bankruptcy and could help preserve any future.

Prosource of denver which operates a showroom at 730 s. That exceeds the number of retail bankruptcies for all of last year. The denver franchisee of wholesale flooring retailer prosource has filed for chapter 11 bankruptcy. When a company files for chapter 11 the workforce is understandably nervous.

Filing for chapter 11 gives companies one last opportunity to be successful. The parent company of ann taylor and loft ascena retail group filed for chapter 11 bankruptcy protection earlier this week on thursday listing more than 1 billion in liabilities. It had 2 800. Pages in category companies that filed for chapter 11 bankruptcy in 2020 the following 88 pages are in this category out of 88 total.

Many are battle weary survivors of numerous layoffs purges and mergers. Text is available under the creative commons attribution sharealike license. Bank k g and moores filed for chapter 11 protection on aug. Trenton nj july 14 2020 congoleum one of america s oldest resilient flooring manufacturers founded in 1886 has initiated voluntary reorganization proceedings in the district of new jersey.

A company s formal strategy for exiting chapter 11 bankruptcy in a way that leaves the company stronger than it was before declaring bankruptcy. Tailored brands inc the parent company of men s wearhouse jos.