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Bankruptcy

Yellow, Creditors Agree on Bankruptcy Plan, Key Shareholder Holds Out

The joint Chapter 11 plan would substantially reduce the billions in claim amounts asserted against Yellow's…

Sneaker Reseller Soleply Files Chapter 11 Bankruptcy, Closes 4 Stores

The company – which sells sneakers from brands like Yeezy, Asics, Nike, Jordan and New Balance – opened six…

Yellow’s New Bankruptcy Proposal Hangs $550 Million in the Balance

The newest plan comes as the pension funds and creditors remain at odds with the trucking firm's estate over…

Forever 21 Files Chapter 11, Seeks a Buyer to Keep U.S. Stores, Website in Operation

The international operations and the intellectual property of the fast-fashion business are not a part of the…

Forever 21 Readies Bankruptcy Filing, Preps New Operating Strategy

The company will close most of its stores and focus more on direct selling and wholesale selling.

Glosslab, in Chapter 11 Bankruptcy, Enters Asset Purchase Agreements

A hearing on both asset purchase agreements is set for Friday.

Fabrics Retailer Joann’s Set to Wind Down All Operations

Fabrics retailer Joann's was sold at a bankruptcy court auction, and the winning bidder plans to liquidate…

Bankrupt Fabrics Retailer Joann’s To Close 533 Stores

Fabrics retailer Joann's is hoping to find a going-concern buyer, but so far bidders have no interest in 533…

Former Boardriders Licensee Files Chapter 11 Petition

Liberated Brands, the former North American Boardriders licensee for the Volcom, RVCA and Billabong brands…

Joann’s Sets Sale Deadline, Readies for Layoffs

Fabrics retailer Jo-Ann has filed WARN notices, setting the stage for layoffs if it can't find a…

The Container Store’s Next Chapter

The Container Store exits bankruptcy oversight after restructuring its debt, while keeping 102 doors open and…

Fabric Retailer Joann, Bankrupt Again, Seeks Buyer

Bankrupt Joann's Fabrics signed a deal with Gordon Brothers as the stalking horse bidder.

What Would Happen to Joann’s Fabrics If It Enters The Chapter 22 Club?

Fabric retailer Joann's is facing a cash crunch, and could file Chapter 11—the second in less than a…

Can This Fabric Retailer Avoid Bankruptcy In 2025?

Fabrics chain Joann Inc. completed a tour in Chapter 11 last year, and is said to be facing liquidity…

Big Lots Keeps Up to 400 Stores Alive in Bankruptcy Sale, but Layoffs Hit HQ, DCs

A bankruptcy judge approved the sale of properties to discounter Variety Wholesalers, with Bruce Thorn…