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Bankruptcy

Belk Bankruptcy Spares All 291 Stores

The department store's Chapter 11 reorg is a tidy, same-day affair.

Getting Through a Retail Bankruptcy During the Pandemic

Dozens of retailers have reorganized during the pandemic so far, and their experience has some lessons for…

CEO Talks: Jay Schottenstein Reflects on a Lifetime in the Retail Industry

The executive chairman of the board and chief executive officer of American Eagle Outfitters discusses…

Belk Outlines Plans for Chapter 11 Bankruptcy

The Southern department store intends to keep its tour of bankruptcy court short and sweet.

Target Is Winning the Pandemic Race

Here's why and what other retailers can learn from the big-box giant.

Here’s Why Francesca’s Could Cut 189 More Stores

Formerly bankrupt Francesca's is under new ownership but dozens of stores could be added to the chopping…

Belk Plans Chapter 11 Reorg to Eliminate $450M Debt

Suppliers will continue to get paid as Belk pursues a pre-packaged financial restructuring in which Sycamore…

L’Occitane U.S. Files for Bankruptcy With Plans to Close 23 Stores

"Like most retailers in the United States, the debtor has been impacted by the COVID-19 pandemic."

Under New Ownership, Francesca’s Could Operate 50% Fewer Stores

The 275 stores would be less than half of the 558 locations the retailer operated as of Dec. 1, prior to its…

Jailed Fashion Mogul Peter Nygard’s Businesses Targeted in Ransomware Attack

Embattled former fashion executive Peter Nygard's now defunct apparel empire was the target of a ransomware…

Retailer of Wrangler, Carhartt and Under Armour is Going Out of Business

Under Armour and Wolverine Worldwide are among the brands shifting toward the DTC model, and this retail…

2021’s First Bankruptcy: Christopher & Banks to Shut Hundreds of Stores in Chapter 11 Collapse

Christopher & Banks will shut down its store fleet and try to sell e-commerce, which remains open for…

Democracy Under Seige, Amazon Covid Chaos and Bankruptcy Watch: The Week Ahead

Covid is throttling Amazon warehouses, Target stores and other L.A.-area businesses as democracy faces a…

Beauty by PopSugar Producer Goes Out of Business

The business filed for Chapter 7 bankruptcy and plans to liquidate.

Year Ahead: Bankruptcy Guru on What Fashion SMBs Need to Know

A bankruptcy expert pulls back the curtain on 2020's wave of retail failures and what fashion SMBs should…