The 70 year old chain that bought out the kid in all of us, is closing all of its stores in the US this Fridays. Toys “R” Us filed for bankruptcy in September in hopes of turning around. But terrible Christmas sales left it still struggling to make it. The chain had 735 US stores […]
NewsOne’s Top 5 takes a quick look at the stories trending on NewsOne.com that you are talking about. Rapper 50 Cent Files For Chapter 11…
In a desperate attempt to avoid bankruptcy, Detroit’s Emergency Financial Manager, Kevyn Orr, announced the financially ailing city’s plan to immediately stop paying down $2.5…
As of Friday morning the popular snack company filed for bankruptcy and went out of business. Workers for the company were on strike to protest an 8% pay cut when the company announced that the strike had crippled them beyond recovery. The decision to close the store will cost 18,500 worker their jobs across the […]
Reports say Sapp owes more than $6.7 million to creditors and back child support and alimony, according to a Chapter 7 bankruptcy filing in South Florida.Sapp’s $6.45 million in assets includes 240 pairs of Jordan athletic shoes worth almost $6,500, a $2,250 watch and a lion skin rug worth $1,200. He also reported losing his […]
