At least three Indiana school districts that hired the startup firm True Consultant Service LLC to revamp bus routes ran into major problems when school began this summer, forcing administrators to apologize to parents and reverse course.
The 62-year-old company is joining the trash heap of failed appliance and electronics retailers, done in by a long list of problems—including overexpansion and a collapse in sales of consumer electronics.
Toys “R” Us Inc., which has three Indianapolis-area stores, is expected to liquidate its bankrupt U.S. operations after so far failing to find a buyer or reach a debt restructuring deal with lenders, according to people familiar with the matter.
Claire’s Stores Inc., the fashion accessories chain where legions of preteens got their ears pierced, is preparing to file for bankruptcy in the coming weeks, according to people with knowledge of the plans.
The comeback strategy for Bon-Ton Stores includes closing a dozen Carson's stores, although Bon-Ton hasn't specified locations. The only Carson's in Indianapolis is the lone anchor for Circle Centre mall.
The world's largest toy chain is planning to close about 180 Toys "R" Us and Babies "R" Us stores nationally as part of a reorganization plan to emerge from its September bankruptcy, according to a court filing.