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2 mins read
Lucky Brand just filed for bankruptcy and is immediately closing 13 stores — here's the full list
Lucky Brand filed for Chapter 11 bankruptcy protection on Friday, citing poor sales and performance…
Bethany Biron
2 mins read
JCPenney could be bought by its lenders after talks with potential buyers stall due to 'egos' and 'negotiating postures,' lawyers say
Talks with three potential bidders for JCPenney have reached a "stalemate," and now it could be bou…
Madeline Stone
4 mins read
JCPenney is reportedly eyeing bankruptcy and experts say other department stores and mall brands may soon follow as coronavirus decimates the retail industry
"JCPenney may be the first to go Chapter 11, but they won't be the last," Jonathan Treiber, CEO of …
Bethany Biron
1 min read
Neiman Marcus is closing 4 department stores and 17 off-price Last Call locations for good. See if your local store is on the list.
"Prior to COVID-19, Neiman Marcus Group was making solid progress on our journey to long-term profi…
Bethany Biron
1 min read
The rise and fall of Ann Taylor, the company that dressed American career women for decades and ushered in the era of the 'power suit'
Founded in 1954, Ann Taylor became the go-to destination for professional women and set several sty…
Bethany Biron
1 min read
The rise and fall of Lucky Brand, the once-beloved mall brand and staple for trendy denim and bohemian chic fashion
Now, the brand is the latest to feel the strain of the coronavirus, and in turn, announced it will …
Bethany Biron
2 mins read
GNC filed for bankruptcy and could close up to 1,200 stores
As part of its Chapter 11 bankruptcy filing, GNC said it would close hundreds of stores in the comi…
Madeline Stone
2 mins read
Lord & Taylor is permanently closing 24 of its locations after filing for bankruptcy. See if your local store is on the list.
As part of the closing and liquidation process, products will be available "at significant price re…
Bethany Biron
3 mins read
Sur La Table just filed for bankruptcy and is closing more than 50 stores — here's the full list
Sur La Table, best known for its high-end kitchenware and cooking classes, filed for bankruptcy on …
Bethany Biron
1 min read
JCPenney is selling its original 118-year-old location in Kemmerer, Wyoming, marking the end of an era for the bankrupt department store
According to a disposition portfolio shared last week, JCPenney is selling off a total of 24 proper…
Bethany Biron
1 min read
US bankruptcies are on track to hit a 10-year high as the coronavirus pandemic continues to slam businesses
This year, 424 companies have gone bankrupt through August 9, surpassing the number of filings duri…
Carmen Reinicke
2 mins read
Iconic American suit maker Brooks Brothers files for bankruptcy
Brooks Brothers, famous for its suits, has filed for bankruptcy amid the coronavirus pandemic and y…
Madeline Stone,Mary Hanbury
1 min read
Sbarro Files For Chapter 11 Bankruptcy
The pizza chain most commonly seen in mall food courts is still trying to recover from its 2011 ban…
2 mins read
Revlon succumbs to bankruptcy amid crippling debt, rising inflation, and global supply chain woes
Revlon said in a SEC filing that it expects to receive $575 million in bankruptcy financing from cu…
Bethany Biron,Ellen Thomas
2 mins read
Revlon succumbs to bankruptcy amid crippling debt, rising inflation, and global supply chain woes
Revlon said in a SEC filing that it expects to receive $575 million in bankruptcy financing from cu…
Bethany Biron,Ellen Thomas
2 mins read
J. Crew has filed for bankruptcy but says nothing is changing for shoppers
J. Crew has filed for bankruptcy, but customers can still shop online, use gift cards, and send in …
Madeline Stone
1 min read
Neiman Marcus, J. Crew, and True Religion are among the first US retailers to file for bankruptcy as the pandemic takes its toll. Here's the full list so far.
Many brick and mortar retailers and restaurants that were experiencing troubles heading into the cr…
Mary Hanbury
1 min read
TGI Friday's files for Chapter 11 bankruptcy
In the filing, the company listed both assets and liabilities as between $100 million and $500 mill…
Rebecca Rommen
1 min read
Rapper DMX Files For Chapter 11 Bankruptcy
According to court filings posted by the WSJ, he owes more than $1.2 million in child support and h…
Mandi Woodruff
2 mins read
Hertz shares are likely going to $0, Morgan Stanley says
The updated price target reflects the bank's view "that our Bear case has a higher probability of o…