chapter 11 bankruptcy

Two major chains that closed dozens of locations across New York confirmed they are emerging from bankruptcy.

In an era where Amazon reigns supreme, brick and mortar stores are closing more and more every day. That is the case for one clothing store in Rome, New York.

In a memo to employees on Tuesday, the CEO of Remington Arms explained yesterday's bankruptcy filing and said the company will most likely go up for auction in September.

The western New York supermarket chain, Tops Markets, says it has emerged from bankruptcy.

Sears filed for Chapter 11 bankruptcy protection Monday, buckling under its massive debt load and staggering losses.

Nirvana Spring Water in Forestport will be closing its plant.