Tuesday, August 7, 2018

National Stores Files for Bankruptcy Protection

The Wall Street Journal
Discount retailer National Stores Inc., which operates under the Fallas brand and others, filed for chapter 11 protection Monday with plans to close 74 of its 344 stores.

The retailer is working with its vendors, lenders and other creditors on a reorganization plan that it hopes will allow it to survive bankruptcy, according to a news release.. . . more