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Category: Financial News
What Happened to Hello Bello?
Hildred Capital Management recently acquired the bankrupt Hello Bello, a baby products brand, for $65 million. No other offers surpassed this bid despite the company achieving re...
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What Are the Fees for a Cash App Business Account?
Choosing the correct business accounts is often complex, given many available options. Cash Apps business account has emerged as a widely used financial tool because they provide ...
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Alternative Financing Options For Small Businesses in [year]
Launching your own business is an exciting yet challenging path. A foolproof business plan is essential, but securing adequate alternative financing options for small businesses ...
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Rue21 Plans to Close All Locations, Files for Third Bankruptcy
Seven years into its latest revival attempt, teen fashion retailer Rue21 declares bankruptcy. The company attributes the decision to the rise of online shopping, stiff industry c...
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Recent Notable Retail Bankruptcies
From high-level management errors to disruptions caused by the pandemic, major retailers such as Express, Rue21, and Bed Bath & Beyond have all filed for bankruptcy. The reta...
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Who Is the Costco CEO?
Craig Jelinek, who had been serving as the Chief Executive Officer (CEO) of Costco Wholesale Corporation, the second-largest retailer in the world, has stepped down after 11 year...
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What Happened to Fry’s Electronics?
On February 23, 2021, Fry's Electronics abruptly closed all its stores, concluding nearly forty years of operation. The company, which operated 31 locations across the US, includ...
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What Happened to Zulily?
In December 2023, Zulily, a Seattle-based online retailer, announced its closure and liquidation of its assets. According to the company's website, this decision was prompted by ...
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HomeGoods Closes Online Store
Merely two years following the launch of its online service, HomeGoods has decided to close its online store and concentrate fully on its brick-and-mortar stores. The home decor ...
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