Bankruptcies – Page 5

When the Retirement Community Goes Bankrupt

It doesn’t happen often. But when it does, some residents risk losing everything.

By Paula Span

In an internal letter, the company said inflation and changes in consumer spending had forced it to shut its more than 700 stores.

By Aimee Ortiz and Hank Sanders

After the chief executive stepped down, the company acknowledged that “mistakes were made.”

By Melena Ryzik

The chain, which closed in 2004, is poised for a revival next year after the son of one of the founders reached a deal with Hormel Foods.

By Aimee Ortiz