National retailers are filing bankruptcy at a fever pitch. Seven companies that have filed could have a devastating impact on the Michigan economy and jobless rate.
Big Lots faces financial challenges, set to close stores nationwide due to plummeting sales and losses. What's next for Michigan's favorite discount store?
Red Lobster's latest Chapter 11 Bankruptcy filings reveal 3 Michigan locations are in danger of closing if negotiations fail to lower the
restaurants costs.
Red Lobster, known for its all-you-can-eat shrimp, faces bankruptcy due to financial struggles. Multiple Michigan locations have closed, with more closures possible.
Rue21, the teen apparel retailer, has filed for Chapter 11 bankruptcy for the third time and plans to close all of its 541 stores nationwide within the next two months.