Bertucci’s
In the spring of 2018, Bertucci’s applied for bankruptcy. The Italian restaurant chain shut down 15 locations in April that year. It was eventually bought out by Earl Enterprises for $20 million, which was split into $4 million credit, $13 million debt, and $3 million cash.
Bertucci’s
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Gymboree
Gymboree filed for Chapter 11 in January 2019. After filing, it announced it would halt operations in its Gymboree and Crazy 8 stores. In March, it announced changes brought about by the fact that Children’s Place bought the stores. Aside from this, the Gap also paid for the various intellectual property of the brand.
Gymboree
