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Hancock Fabrics closing all 255 stores nationwide

A man spent Saturday afternoon on 51st Street near Sheridan Road advertising the complete liquidation of Hancock Fabrics, a chain craft store whose parent company announced last week it is headed into the black hole of Chapter 11 bankruptcy. No closing date is set for the stores, which will shut down individually as they sell[…]

sports authority

Sports Authority Files For Bankruptcy, Plans To Shutter 140 Stores

Fitness might be the new status symbol and athleisure clothing might be all the rage, but for one storied brand, the health and wellness boom hasn’t translated into a bottom-line boon. In fact, quite the opposite: citing a challenging retail environment, Sports Authority announced Wednesday that it has filed for bankruptcy protection and will be closing[…]