Businesses with Pierce County locations that have filed for bankruptcy
The curated articles highlight businesses with Pierce County locations that have filed for bankruptcy. These businesses, ranging from retail to dining and entertainment, face issues such as competition and declining sales.
Big Lots faced widespread closures in Washington, including Pierce County, amid a failed rescue buyout and subsequent asset transfer. Forever 21 initiated a second bankruptcy and liquidation process. Maverick Gaming announced the closure of Lakewood's Palace Casino as part of broader site shutdowns.
NO. 1: WILL BIG LOTS STORES MAKE A COMEBACK IN TACOMA, PIERCE COUNTY? HERE’S WHAT WE KNOW
One shopping center appears to be moving on, while another Tacoma site was listed as one of chain’s top locations. | Published January 8, 2025 | Read Full Story by Debbie Cockrell
NO. 2: JOANN IS CLOSING 500 STORES, INCLUDING TWO IN PIERCE COUNTY
“This was a very difficult decision to make, given the major impact we know it will have on our team members, our customers and all of the communities we serve,” a statement on the company’s website said. | Published February 13, 2025 | Read Full Story by Isabela Lund
NO. 3: FOREVER 21’S FUTURE LOOKS GRIM AS IT ENTERS BANKRUPTCY, BEGINS LIQUIDATIONS AT AREA STORES
The retailer has prominent storefronts at Tacoma Mall, Westfield Southcenter. | Published March 17, 2025 | Read Full Story by Debbie Cockrell
NO. 4: INFAMOUS DOWNTOWN TACOMA PROPERTY HIT WITH ‘NOTICE OF ABANDONMENT’ DESIGNATION
The move was part of a court-approved Chapter 11 bankruptcy plan. | Published April 27, 2025 | Read Full Story by Debbie Cockrell
NO. 5: DRUGSTORE CHAIN’S CLOSURES CLAIM ANOTHER PUYALLUP LOCATION, OTHER SITES
Seven more stores statewide are in latest closure notification filed in bankruptcy court. | Published July 10, 2025 | Read Full Story by Debbie Cockrell
NO. 6: PIERCE COUNTY CASINO CLOSING AS ITS OPERATOR FILES FOR CHAPTER 11 BANKRUPTCY
The company in bankruptcy filing cited “significant competition from tribal casinos in their key Washington market, operational misalignments, and industry headwinds.” | Published July 16, 2025 | Read Full Story by Debbie Cockrell
NO. 7: THIS WASHINGTON RETAILER HAS FILED FOR BANKRUPTCY, PLANS TO SELL MOST STORES
Car Toys, a 38-year-old Auburn-based retailer, has filed for bankruptcy and plans to sell the majority of its stores. | Published August 23, 2025 | Read Full Story by Isabela Lund
The summary above was drafted with the help of AI tools and edited by journalists in our News division. All stories listed were reported, written and edited by McClatchy journalists.