Bertucci’s
Bertucci’s is a casual chain of Italian restaurants. In the spring of 2018, it applied for bankruptcy. It shut down 15 locations in April. The company sighed in relief when it was acquired by Orlando-based Earl Enterprises for the price of $20 million. This can be brown down into $4 million in credit, $13 million in debt, and $3 million in cash. Biz Journals also spoke of the difficulty the Italian restaurant chain had when dealing with competitors.
Bertucci’s
Gymboree
Gymboree is a children’s wear retailer. It applied for bankruptcy in January 2019. In the filing, it mentioned its plans to halt operations in all Gymboree and Crazy 8 stores. However, things changed for it in March. It was acquired by another children’s product retailer: Children’s Place. Aside from that, the Gap bought the intellectual property of Janie and Jack, the website, the customer data, and more.
Gymboree
