Bankruptcy
Joules in Takeover Talks, Is Bidding War Next?
Meanwhile, the U.K. has a plan to help retail while M&S is set to close 67 full-line stores.
Dutch Denim Brand Kings of Indigo Is Bankrupt
The 10-year-old label from Amsterdam made the announcement "with a heavy heart."
Joules Administration Threatens 1,600 Jobs
Joules appointed administrators after rescue talks fail, while Frasers is in advanced discussions to acquire…
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Galeria Karstadt Kaufhof Files for Second Insolvency, Inside Two Years
Despite a billionaire owner and 460 million euros in state funding, the chain with more than 100 stores is…
‘Worst Is Yet to Come’ for Retailers Facing Recession
Bankruptcies could pile up in the retail sector in the months ahead, according to BDO restructuring expert…
Morphe Parent Company Forma Brands Said Mulling Options, Including Chapter 11
Forma Brands' majority owner is private equity firm General Atlantic.
500-Store French Retailer’s Liquidation Sacks 2,600
Camaïeu had proposed to borrow 48 million euros from the state in a "risky" recovery plan deemed…
Olympia Sports Fingers Salesforce in Chapter 11 Bankruptcy
The CEO said a Salesforce order-management system sent orders to the wrong recipient, duplicated them or…
China’s Once-Dominant Luxury E-tailer Files for Bankruptcy
Secoo's filing is its second this year, following a January wind-up petition it later retracted.
Michael Appel Gets a New Role Fixing Retailers
The veteran industry exec says you can be a good retail operator but not necessarily good at restructuring a…
Don’t Let Cash Burn Catch You by Surprise
For restructuring expert Drew McManigle, too many companies fail to keep tabs on this all-important…
$175 Million Settlement in 4-Year Sears Lawsuit
The settlement, pending court approval, would end litigation claiming Eddie Lampert acted in his own…
Bankruptcy and Liquidation Mark End of Era for Altmeyer Home Stores
Unsecured creditors will be stuck holding the bag, according to the retailer's bankruptcy court filings.
Walmart’s Warning Says Retail’s Back Is Against the Wall
Walmart slashed its outlook Monday as Olympia Sports' 35 stores are liquidating and new data suggests a…
Australian Luxury Footwear Retailer Goes Bankrupt
The luxury footwear retailer collapsed into administration as consumer complaints mount and one landlord…