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Bankruptcy

Year in Review: Value Investors Reshape Landscape

Retailers' tour of bankruptcy court due to the Covid-19 pandemic gave value investors a global playground to…

Sourcing Journal’s Most-Read Stories Highlight the Industry’s Year of Turmoil

A look back at Sourcing Journal's most-read stories of 2020 paints a less-than-rosy picture of the year…

2020 in Review: All the Big Fashion Names That Filed for Bankruptcy

From luxury retail to value chains and designer brands, no one was immune to the impact of the coronavirus…

Retail Storefronts, Businesses Keep Closing

Thousands of retail businesses have closed in New York and California, with even those still operating…

Docuseries Dissects Peter Nygard Sex-Abuse Saga

Disgraced apparel magnate Peter Nygard will now have his alleged crimes splashed across flat screens in…

Fashion Mogul Peter Nygard Indicted on Sex Trafficking Charges

The indictment outlines a litany of claims, including that Nygard used his fashion company to recruit…

Francesca’s Has Too Many Stores and They’re Bleeding the Company’s Cash

The bankrupt women's chain is shedding stores left, right and center, adding 97 new shutdowns to a previous…

JCPenney Completes Bankruptcy Sale. Here’s What Next.

The department store retailer has a tough road ahead as it tries to win back customers amid the challenges of…

Jeckerson Declared Bankrupt, Licensee Keeps Brand Alive

The ailing brand was declared bankrupt by the court of Bologna, Italy, but its licensee C&S is committed to…

Francesca’s Files for Bankruptcy to Set Up a Sale

The women's fashion chain plans to sell itself as a going concern.

Bonmarché Collapses Into Administration—Again

Fashion chain Bonmarché, collapsing into administration for the second time in over a year, is hoping to find…

Bankrupt Stein Mart Poised for 2021 Revival

The bankrupt off-price retail chain will be reborn in the digital domain.

Tailored Brands Exits Bankruptcy With Fresh Start

The men's retailer successfully completed a financial restructuring that eliminated $686 million of debt from…

Bankrupt Debenhams Facing Liquidation After Failed Buyer Search

This week may be British retail's worst one yet. A day after Arcadia's stunning collapse, bankrupt Debenhams…

PREIT Eyes Early December Bankruptcy Exit

Upon emergence, the REIT will have access to $130 million of new financing and its debt maturity schedule…