Tag Archives: bankruptcy

Stein Mart declares bankruptcy, most stores will close

Off-price retailer Stein Mart declared bankruptcy on Wednesday and announced it would close most of its stores as the coronavirus pandemic continues to take a toll on the retail sector. Stein Mart, based in Jacksonville, Fla., filed for bankruptcy of Chapter 11 protection and informed it has already begun with …

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Remington Arms files for bankruptcy again

Arms maker Remington Arms, one of the oldest gun manufacturers in the United States, filed for Chapter 11 bankruptcy protection for the second time since 2018. The company filed for Chapter 11 in the US Bankruptcy Court for the Northern District of Alabama saying it has been a “fight to …

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US arms maker Remington files for bankruptcy again

FILE PHOTO: Gun enthusiasts inspect Remington shotguns during the National Rifle Association (NRA) annual convention in Dallas, Texas, USA, May 5, 2018. REUTERS / Lucas Jackson (Reuters) – Remington Arms Co filed for Chapter 11 bankruptcy protection on Monday for the second time in two years as the U.S. arms …

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