Rite Aid announced Sunday that the company had reached an agreement with creditors on the terms of its financial restructuring plan that will “increase its financial flexibility” and “significantly ...

Zoe’s Travel Shoppe in downtown Redding has been for sale. Owner Tiffany Carlin, who opened the business in the Mt. Shasta ...

It plans to close more than 300 stores as part of its restructuring ... that activity follows last year's bankruptcy filings by Rite Aid Corp. and Bed Bath and Beyond Inc., with those moves ...

At least one Rite Aid store in Compton appears to be taking security to the extreme. The store on Long Beach Boulevard installed locked glass cases on every aisle, meaning a majority of items for ...

Embattled German battery-maker Varta AG has adjusted its restructuring plan to help win the support of a key group of lenders, paving the way for its approval. A “large proportion” of holders ...

Kaisa said investors holding 75.11 per cent of its debt and 81.07 per cent of another batch of debt have agreed to support the group’s workout plan, according to an exchange filing on Monday.

All 27 Red Lobster restaurants in Canada are expected to remain open following approval of the company's restructuring plan by a Canadian court on Sept. 10, reports the CBC. A judge of the ...

Ballard Power Systems Inc . (NASDAQ: NASDAQ:BLDP) has announced a significant restructuring initiative aimed at reducing its total operating expenses by more than 30%. The move is a strategic ...

NEW ALBANY, Ohio (WCMH) — The $20 billion computer chip manufacturing facility that Intel is constructing in New Albany will be spun off into a new company as part of a restructuring to restore ...

The company will reach zero bank debt by year-end through debt settlement and restructuring efforts. The debt settlement initiative, including the sale of assets, led Qalaa reporting a 45 percent year ...