IEEPA Tariff Refunds Begin to Hit Importers’ Accounts
Bankruptcy
Update: Bankrupt JCP Rejects 144 Store Leases
The mass merchant is rejecting 144 store leases as it prepares for a sale and possible exit from Chapter 11…
Bankruptcy Fast Approaching for UK Knitwear Specialist
The firm cited "false rumors" about unpaid suppliers in the midst of the Covid-19 pandemic as compounding its…
New Twist in JCP Bankruptcy Saga
The bankrupt chain could see a rival bid challenge Simon and Brookfield's existing proposal.
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Claire Spofford Named J. Jill CEO
Spofford takes the ceo reins from interim chief Jim Scully.
True Religion Set for Bankruptcy Exit
The premium denim brand is looking to exit Chapter 11 proceedings, while unsecured creditors can expect a…
Clarks Seen Closing Dozens of Stores if Rescue Deal Goes Through
A company voluntary arrangement once said to be off the table is now firmly back on it.
Neiman Exits Bankruptcy. Now What?
After several months in bankruptcy purgatory, Neiman Marcus is embarking on a new chapter with billions less…
Is Penney’s Valuation the Next Bankruptcy Battleground?
An expert hired by J. C. Penney's ad hoc equity committee has taken a wildly different view of the bankrupt…
Bankrupt Neiman Follows Ralph and Kohl’s in Slashing Jobs
The luxury retailer whittles down headcount as it preps to emerge from Chapter 11.
Neiman Marcus Group Reducing Headcount in Stores and Restaurants
NMG's ceo has notified vendors of "significant" staff reductions.
Here’s How Soon Ascena Could Exit Bankruptcy
The owner of Ann Taylor and Lane Bryant is eyeing the bankruptcy finish line.
What’s Going on With Penney’s Bankruptcy?
J. C. Penney's bankruptcy case seems to have hit a bump in the road.
Zac Posen Owner Set to Exit Bankruptcy Next Month
With the reorganization, Centric Brands will swap $700 million in debt for full equity with current lenders…
These 5 Apparel and Home Retailers Are at Greatest Risk of Collapse
With the nation's retail bankruptcy count totaling 46 so far this year, a new S&P report cites the next…
Century 21 Collapse Puts Insurance Fine Print Under the Microscope
The off-price retailer's Chapter 11 filing was hastened by its insurers catastrophic decision to not pay out…