The iconic gun maker cites "difficult industry conditions" in announcing it has reached a debt-reduction agreement with creditors.
The printing and envelope firm's sales have fallen as customers shift to electronic media for their billing and advertising needs.
The retailer says the closures are a "critical component" of its business plan as it seeks to emerge from bankruptcy.
“The debt overhang left by previous years of underperformance remains a significant financial challenge," the radio station owner's CEO says.
The proceeds from the deal will be used to cover legal costs resulting from the exploding airbag scandal that drove Takata into Chapter 11.
The Western Kentucky coal producer's bankruptcy illustrates the challenges facing President Trump's vision of a coal industry revival.
The company sought higher pay from the U.S. Bankruptcy Court for the acting finance chief and his boss.
The coated paper industry "faces a long-term, structural decline as dependency on digital technology has increased," the company says.
The retailer calls its filing the "dawn of a new era" but admits the timing "could not have been worse" with the holiday season looming.
The footwear chain plans to significantly reduce its store count as it focuses on its wholesale and e-commerce channels.