These Power Stores Will Be Closing in 2020

Published on 03/16/2020
ADVERTISEMENT

BKH Acquisition Corp

Over 100 Burgher King Chains operating in Puerto Rico is owned by BKH Acquisition Corp and is not seem to be having an easy flow. Due to issues like the economic crisis and credit struggles, the Company may have to close down a few of the stores or do some drastic shaking up quickly. Beyond financial troubles, Burger King has suffered its fair share of legal cases from 1954 onwards when it was originally founded.

BKH Acquisition Corp

BKH Acquisition Corp

ADVERTISEMENT

Mattress Firm

Mattress Firm filed for Chapter 11 bankruptcy as a result of a financial scandal that plagued the Company. The Company has over 3,500 stores and based on the issues at hand, it has announced the sale of over 700 of its stores. Also, it is hoping to reduce the amounts spent on lease to restructure the Company to provide higher quality services and sales to customers. Prior to its 2018 bankruptcy, Mattress Firm enjoyed a presence in over 48 American states with more than 3,600 shops.

Mattress Firm

Mattress Firm

ADVERTISEMENT