Tag: bankruptcy
Party City to close all store locations
After nearly 40 years in business, Party City is ceasing operations.
CNN reported the announcement came on Friday when Party City CEO Barry Litwin told...
JOANN Fabric facing financial uncertainty
A popular fabric and craft store is facing financial uncertainty after declining sales and heavy debt decreased its recent CreditRiskMonitor FRISK Score to 1....
Brew Oil: Sinclair stores closed due to lease issues, property owner’s bankruptcy
Brew Oil was forced to close Sinclair-branded convenience stores in Eastern Iowa, including Cedar Rapids, Hiawatha, Eldridge and Davenport, after attempts to renegotiate leases...
Mercy Iowa City to continue operating as community hospital
Mercy Iowa City will remain an operational community hospital following its acquisition by bond investors led by Preston Hollow Community Capital, bondholders for Mercy.
“Since...