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PGHC HOLDINGS, parent company of Papa Gino's and D'Angelo Grilled Sandwiches restaurants, has declared bankruptcy, entered into a stalking horse sale agreement with a private equity firm and closed 95 restaurants across New England, impacting roughly 1,000 workers.

Papa Gino’s parent company declares bankruptcy, closures impact roughly 1,100 N.E....

DEDHAM, Mass. – PGHC Holdings Inc., the parent company of Papa Gino’s and D’Angelo Grilled Sandwiches restaurants, filed for Chapter 11 bankruptcy in Delaware...
SEARS HOLDING CORP. was said to be negotiating a deal that would keep some stores open through Christmas. / BLOOMBERG NEWS FILE PHOTO/BRENT LEWIN

Sears said to be hammering out deal to stay open in...

NEW YORK - Negotiations over the fate of Sears Holdings Corp. have moved away from a possible liquidation toward a plan that would keep some...
SEARS HOLDING CORP. is preparing to file for bankruptcy as soon as Sunday, according to a person familiar with the plan. / BLOOMBERG NEWS FILE PHOTO/BRENT LEWIN

Sears is preparing for bankruptcy as soon as this weekend

NEW YORK - The long goodbye for America’s most iconic retailer inches closer to an ending.Sears Holdings Corp., the struggling United States chain owned...
THE LENDERS THAT had planned to liquidate the remaining assets of Toys R Us Inc. have pivoted and are now working on bringing the brand back to life, according to new court filings. / BLOOMBERG NEWS FILE PHOTO/LUKE SHARRETT

Toys ‘R’ Us lenders plan brand revival as auction canceled

NEW YORK - The same Toys R Us Inc. lenders that have been taking heat for their role in the decision to liquidate the company...
UNIQUE PARTNERSHIP: Agawam Hunt country club in East Providence, pictured, was able to exit Chapter 11 bankruptcy in large measure thanks to a conservation easement purchased by The Nature Conservancy, with the funding provided by $2 million in donations.
 / COURTESY AGAWAM HUNT

Is Agawam Hunt’s innovative partnership with The Nature Conservancy to conserve...

Celebrating birdies took on a more expansive meaning this past spring at Agawam Hunt, thanks to an unusual partnership with The Nature ­Conservancy.After emerging...

Time to help student debtors

For decades, the U.S. system of higher education has operated on a unique premise: To make college affordable for a broad swathe of Americans,...
BERTUCCI'S HAS DECLARED bankruptcy, and will close its Taunton location as well as 14 other locations in the U.S. The company expects to continue operations at its other locations without disruptions. / COURTESY BERTUCCI'S

Bertucci’s files for bankruptcy, will remain open

PROVIDENCE - Bertucci’s Corp., the chain of casual Italian restaurants based in Northborough, MA, announced that it filed voluntary petitions for relief under Chapter...
THE NATURE CONSERVANCY has purchased a conservation easement for 82 acres of land owned by The Agawam Hunt in East Providence, with an option to buy an easement on another 40 acres of the club's land. / COURTESY NATURE CONSERVANCY

Nature Conservancy buys future development rights on E. Prov. golf club...

EAST PROVIDENCE – With the first large-scale project of its Providence Metro Program, The Nature Conservancy has purchased, for $2 million, the development rights...
IHEART MEDIA, owner of four radio stations in the Providence area, has filed for bankruptcy protection. / BLOOMBERG NEWS PHOTO/ANDREW HARRER

IHeart – owner of 4 R.I. radio stations – files for bankruptcy with...

NEW YORK – IHeartMedia Inc., the biggest U.S. radio-station owner, filed for bankruptcy with a plan to halve its debt load of more than $20...

Toys R Us is said to miss vendor payments as woes...

NEW YORK – Toys R Us Inc. has missed payments to some suppliers in recent days as the U.S. division heads toward a likely...
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