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Bankruptcy

H&M Among Top 10 Claimants in Mall Operator’s Second Bankruptcy

PREIT on Sunday filed for its second bankruptcy in three years, and plans to emerge from Chapter 11 as a…

European Home Companies Hit by Slowdown

France's home furnishings and decor market faces a moment of reckoning as Habitat France files for judicial…

Coldwater Creek Takes Over Soft Surroundings

Soft Surroundings will continue selling on a standalone direct-to-consumer website.

Mitchell Gold Acquired After Stunning Bankruptcy

New owner Surya plans to start shipping for the brand in the spring, while others hoover up unsold Mitchell…

Senators Urge Yellow Bailout With Thousands of Jobs at Stake

Supply chain experts question whether extending the $700 million loan's due date makes sense given "reckless"…

Bankruptcy, Lawsuit Shake Up Logistics Landscape

Omni Logistics is suing Forward Air to enforce their planned merger, while a lawsuit by its former CEO forced…

ScienceMagic.Inc Closes After Three Years

The magic didn't last long at ScienceMagic.Inc, which has been hemorrhaging money since its inception.

Yellow ‘Would Have No Freight to Haul’ if ‘Long-Shot’ Bid Succeeds

Jack Cooper Transport is preparing a deal to save Yellow, according to a Reuters report on the Missouri fleet…

Z Gallerie Bankruptcy Adds to Home Sector’s Carnage

Retailer Z Gallerie is the sixth firm in the distressed home decor sector to end up in bankruptcy court since…

Senators Intervene in Bankrupt Yellow’s $700 Million Federal Loan

Lawmakers hope to find a "going concern" bid to save the 30,000 jobs at stake in Yellow's bankruptcy and help…

This Troubling Bankruptcy Trend Isn’t Good for Retail

Rite Aid's high-profile bankruptcy suggests that more players in the U.S. consumer discretionary sector could…

How Rite Aid’s Bankruptcy Could Affect the Beauty Industry


The retailer revamped beauty sections with more indie brands, and store closures could potentially send sales…

Bankrupt Mitchell Gold + Bob Williams to Liquidate

PNC Bank scuppered the company's chances of surviving a Chapter 11. Now the Chapter 7 case leaves little hope…

Powerful Union Expects ‘Business as Usual’ During Bankruptcy

The ILWU filed for bankruptcy to resolve litigation with a former terminal operator in Oregon that it owes…

Former Employees Sue Bed Bath & Beyond Over $5 Million Losses

Bed Bath + Beyond's retirement plan committee was sued by former staff alleging violations that resulted in…