![]() ![]() When Christmas Tree Shops filed for bankruptcy in early May, the Middleboro-based chain aimed to complete restructuring and exit Chapter 11 as a “financially stronger retailer” by the end of August. ![]() Christmas Tree Shops expects to liquidateĬhristmas Tree Shops is poised to liquidate all of its stores roughly two months after the struggling home-goods retailer filed for Chapter 11 bankruptcy protection. American has said it will appeal the ruling. ![]() JetBlue hopes that dropping the deal with American might persuade the government to allow the Spirit purchase to go ahead.Ī federal judge decided in May that JetBlue and American must end their partnership because it violates U.S. Justice Department sued to block the Spirit sale, saying it would hurt competition by eliminating Spirit, the nation’s biggest discount airline. JetBlue Airways said Wednesday that it wind down the deal with American in New York and Boston in the coming months and “turn even more focus” to its proposed $3.8 billion purchase of Spirit. JetBlue says it won’t appeal a judge’s ruling against its partnership with American Airlines, effectively dropping the deal in an effort to salvage its purchase of Spirit Airlines. ![]()
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