This story has been updated to reflect that Bill Ackman’s social media post in support of Whitney Tilson’s candidacy for New ...

A local pinball player is pitching the idea of opening a new restaurant focused on pizza, beer and a number of pinball ...

From Big Lots and Rite Aid to Sam Ash and Rue21 — retailers closed thousands of stores in 2024. Here are some of the most ...

JoAnn’s had $2.4 billion in debt. The company’s more than 800 stores remained open during the process. First LL Flooring, ...

For some companies, bankruptcy can mean the end. For others, it can be a way to restructure and stay afloat amid business ...

Red Lobster was a standout bankruptcy story in 2024. After the restaurant's 2023 Endless Shrimp fiasco reportedly cost it $11 ...

The home retailer formerly known as Lumber Liquidators filed for bankruptcy in August. The retailer was hammered by budget-conscious customers tightening their wallets on pricey remodels and a ...

Formerly known as Lumber Liquidators, LL Flooring went through Chapter 11 bankruptcy and planned to close 94 stores in more than 30 states, leaving another 300 sites — including outlets in ...

The bigger question is what impact this ongoing fiasco with Lumber Liquidators will have on the flooring business. Who is going to sell the billion dollars worth of flooring that LL was in line to ...

Feeling out of the loop? We'll catch you up on the Chicago news you need to know. Sign up for the weekly Chicago Catch-Up newsletter.