Pacific Gas and Electric (PG&E)
Pacific Gas and Electric filed for Chapter 11 bankruptcy protection on January 29, 2019, due to the California wildfires in 2017 and 2018. The company is hoping to approve $235 million worth of employee bonuses. “$235 million would go a long way to support the victims of last year’s wildfires,” said Senator Jerry Hill. After all, this bankruptcy filing meant that victims and creditor claims are in limbo.
Things Remembered
Things Remembered applied for Chapter 11 bankruptcy protection on February 6, 2019. Best known for personalized keepsakes and engraved jewelry, the gift shop remains open if you are planning to make a special gift. RetailDive said that the company was bought off by Enesco, a gift and home décor company. The online, direct mail, B2B retail operations, and 176 locations are keeping the company name too.