Express moving toward debt restructuring, possible bankruptcy: WSJ

The business casual-focused apparel retailer has struggled to regain relevance since the height of the pandemic.

By Nate Delesline III • Feb. 13, 2024

The Body Shop enters administration in the UK, citing past ownership and tough retail environment

The beauty retailer, which was just acquired by private equity firm Aurelius in November, will restructure under a process akin to Chapter 11 in the U.S.

By Daphne Howland • Feb. 13, 2024

Explore the Trendline➔

Top 5 stories from Retail Dive

Though some of the problems of the pandemic have waned, retail continues to reel from C-suite turnover, changes in ecommerce and reassessment of DEI policies.  

By Retail Dive staff

The Children’s Place scrambles to shore up liquidity, mulls ‘strategic alternatives’

The specialty retailer has retreated from the mall somewhat and boosted e-commerce, but its declines are poised to continue, analysts say.

By Daphne Howland • Feb. 12, 2024

Zulily’s inventory is up for sale as it winds down

After ceasing operations in December, the e-tailer’s warehouse equipment and $85 million worth of remaining products are being liquidated.

By Ben Unglesbee • Feb. 12, 2024

‘It’s a tough industry out there’: A look at the furniture supply chain’s challenging year

Operational headaches have contributed to financial failures among some suppliers. That has created problems for retailers — and opportunities.

By Ben Unglesbee • Jan. 23, 2024

Kirkland’s promotes company veteran to CEO post

Amid waning furniture sales, the company has tapped insider Amy Sullivan, who has already led a series of transformation efforts at the retailer.

By Tatiana Walk-Morris • Jan. 22, 2024

Hello Bello names new CEO

Will Righeimer will lead the Kristen Bell and Dax Shepard-founded baby brand after it was bought out of bankruptcy last month.

By Caroline Jansen • Jan. 17, 2024

All Showfields stores close

The company, now in bankruptcy, has showcased DTC brands, which until recently have largely avoided wholesale partnerships or physical retail.

By Daphne Howland • Jan. 12, 2024

Fitch: ‘Rising headwinds’ are rushing toward consumers in 2024

During a panel at the ICR conference, the ratings agency predicted shoppers will seek out greater value in 2024 as high debt levels and reduced savings catch up to them.

By Cara Salpini • Jan. 9, 2024

Influencer Jaclyn Hill’s namesake beauty brand shuts down

Jaclyn Cosmetics was housed under Forma Brands, which filed for bankruptcy in early 2023.

By Caroline Jansen • Jan. 5, 2024

Party City balloon supplier Anagram exits bankruptcy

In a deal with a group of investors, the balloon manufacturer will operate as an independent company and continue supplying Party City.

By Nate Delesline III • Jan. 4, 2024

The Backroom: Doug Stephens’ retail predictions for 2024

The retail and branding expert discusses the state of the consumer, the habits companies should leave behind in 2023 and what lies ahead in the new year.

By Retail Dive Staff • Dec. 28, 2023

Zulily goes out of business, plans to liquidate

The retailer has entered an assignment for the benefit of creditors, an alternative to bankruptcy, after seven months under private equity ownership. 

By Nate Delesline III • Dec. 26, 2023

Rite Aid banned from use of facial recognition tech for 5 years

The company’s “reckless” use of the technology harmed customers, the FTC said.

By Nate Delesline III • Dec. 20, 2023

With website down, Zulily’s future in doubt

The e-commerce retailer's website is currently "down for maintenance," following layoffs.

By Nate Delesline III • Dec. 19, 2023

Amyris to sell JVN brand for $1.25M

Windsong Global was the successful bidder. Rose and Stripes were also auctioned off as part of Amyris' bankruptcy process.

By Dani James • Dec. 18, 2023

Showfields landlord, funders voice concern over bankruptcy financing

The retailer's Brooklyn landlord objected to its proposed DIP financing, alleging Showfields has insiders involved with the lender. Meanwhile, the CEO said the company is working on "reaching a resolution" with creditors.

By Dani James • Dec. 15, 2023

Mall operator PREIT files for bankruptcy for the second time in 3 years

The mall REIT came to court with a plan to shed $880 million in debt and obtain $135 million in debtor-in-possession and exit revolver financing.

By Daphne Howland • Dec. 15, 2023

Zulily sues Amazon, alleges price-fixing

Zulily claims Amazon’s business practices hurt its bottom line. Amazon denies any wrongdoing.

By Nate Delesline III • Dec. 14, 2023

Zulily to cut more than 800 jobs in 3 states amid reported shutdown

The company is going out of business, according to news reports and posts by employees on LinkedIn.  

By Nate Delesline III • Dec. 11, 2023

SmileDirectClub shuts down, leaving customers without support

The DTC dental company filed for bankruptcy earlier this year hoping to undergo a going-concern transaction, but has now closed its operations.

By Dani James • Dec. 11, 2023

Joann raises cost savings target to $225M

The craft retailer is working to improve its cash flow, but its $1 billion-plus debt load remains a concern.

By Nate Delesline III • Dec. 5, 2023

Rite Aid plans to sell 79 more stores

The drugstore chain has been shedding leases as a way to optimize its portfolio following its Chapter 11 bankruptcy. 

By Tatiana Walk-Morris • Dec. 5, 2023

Activewear brand Bandier seeks buyer for IP, assets

After facing headwinds, including supply chain challenges, the brand is now conducting an expedited sale process through a bankruptcy alternative.

By Dani James • Dec. 1, 2023

Men’s skin care brand Disco shuts down amid bankruptcy

The company filed for Chapter 7 bankruptcy last week after its debt provider foreclosed on it, according to a LinkedIn post from founder Benjamin Smith.

By Dani James • Nov. 22, 2023