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Bankruptcy

Agent Provocateur Hits Bankruptcy in U.S.

Weeks after the lingerie brand's parent company was bought out of administration, its U.S. arm is looking to…

Great American Group and Tiger Capital to Assist in Payless Store Closures

Payless ShoeSource begins its arduous post-bankruptcy road by enlisting the help of Great American Group and…

Payless Brings On Liquidators to Begin Store Closing Sales

The struggling retailer will be liquidating nearly 400 stores over the coming weeks as part of its ongoing…

Rue21 Gets Brief Reprieve From Creditors as Debt Pressure Mounts

The teen retailer struck a deal with lenders, but it could be only weeks away from bankruptcy.

More Retailers Could Default on Debt Over Next Year

Fitch Ratings expects its retail default rate to hit 9 percent within a year.

Payless Files for Bankruptcy, Closes 400 Stores

Payless ShoeSource is the latest victim of the deluge of retail bankruptcies. The affordable footwear…

Stage Stores Makes Winning Bid for Half of Gordmans’ Locations

The specialty department store operator intends to keep a number of Gordmans stores open.

Don’t Write That Mall Obit Yet

The litany of recent store closures reads like a who's who of once beloved retailers. Whether to bankruptcy…

Two Suitors Emerge for Gordmans

Two potential bidders have emerged for the midwestern department store chain, which recently filed for…

Report: Payless to File for Bankruptcy

Payless prepares to file for bankruptcy as early as next week, according to a Bloomberg report on…

Gordmans’ Ex-CEO, Stage Stores Might Bid on Bankrupt Retailer’s Assets

The retailer's former longtime chief executive officer is looking to buy, but said current bidding procedures…

Trump Eyes Defense Spending Boost Through Cuts to Other Agencies

By cutting $54 billion from the collective budgets of government agencies dealing with trade, the economy and…

Gordmans Files for Bankruptcy

Gordmans is the latest victim of the U.S. department store demise.

Indebted Retailers Should Be Concerned Over Likely Interest Rate Hike

Fitch Ratings said retailers with heavy, floating rate debt loads are one of the only corporate groups at…

PacSun CEO Quietly Steps Down Amid Brand Rebirth

As PacSun emerges from what's being deemed a very successful turnaround, the company's CEO has quietly…