bankruptcy

The wedding dress is one of the most, if not the most, important part of a bride's big day and many soon-to-be brides in West Michigan are worried they won't have a dress in time. One of the biggest bridal retailers, Alfred Angelo, shut down all of its 60+ stores nationwide unexpectedly on Thursday, July 13th...

It was just last week when there were "rumors" that Gordmans was preparing to file for bankruptcy but the company has finally confirmed them to be true. Bloomberg reports that the discount department store filed for Chapter 11 (bankruptcy protection) on Monday March 13, stating $131 million in debt...

In the words of DJ Khaled: "Another one" or in the words of Queen: "Another one bites the dust." Lately all we've been hearing about are stores closing or filing for bankruptcy and Gordmans could potentially be the latest one. Bloomberg reports that the department store's shares have fallen more than 75% just in the last year...

Tuesday, Grand Rapids based MC Sports announced they would be filing for Chapter 11 Bankruptcy protection. Well now after failing to reach an out-of-court settlement with its creditors the sporting goods business that’s been based out in Grand Rapids for 70 years is closing all 66 locations...

MC Sports announced Tuesday afternoon that they are filing for Chapter 11 bankruptcy. The announcement Tuesday didn’t mention any store closings, but they are planning to reorganize the company under the Chapter 11 bankruptcy code.  The company which is also known as Michigan Sporting Goods Distributors Inc, was founded in Grand Rapids in 1946...

Does this mean the end to delicious, crispy yet soft, Olga Bread snackers and incredible swiss almond cheese spread? The Michigan company says no. Phew. Olga's Kitchen is not shutting down, but the company has file for Chapter 11 bankruptcy.