Vitamin World seeks court okay to close 124 more stores
November 16, 2017
Vitamin World, which initially indicated it planned to reorganize under Chapter 11, recently disclosed that it now intends to pursue a sale of “substantially all” of the chain’s assets. Earlier this week, Vitamin World asked a bankruptcy court permission to hire Gordon Brothers to conduct going-out-of-business sales at 124 stores. These locations were in addition to the 51 it planned to shutter as part of its reorganization.
Recent News
TikTok Suspends TikTok Lite Rewards Program in the EU
A TikTok service offering rewards such as gift vouchers for watching videos has been suspended by the social media site.
FCC Votes To Restore Net Neutrality Rules
The Federal Communications Commission (FCC) voted 3-2 on Thursday to reinstate net neutrality rules that were rolled back during the Trump administration.
Blackstone To Buy Tropical Smoothie Cafe
Alternative asset manager Blackstone is set to buy the restaurant chain Tropical Smoothie Cafe.
Ford’s Total EV Sales Post $1.3 Billion Loss in Q1
Ford’s EV division, known as Model e, faced a tough start to 2024.