The Weekly Closeout: Lacoste partners with Netflix and is David’s Bridal considering bankruptcy?

The fashion brand is releasing a collection based on “Bridgerton” and other shows, while the wedding retailer could be looking at a Chapter 22.

By Retail Dive Staff • April 14, 2023

Catalog retailer AmeriMark Interactive files for bankruptcy

The company, which also operates through e-commerce, saw total revenue drop by about $375 million in 2022 compared to the year before. 

By Dani James • April 13, 2023

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

With suppliers still wary, Bed Bath & Beyond banks on $120M consignment deal

One analyst calls it “way too late and beyond a desperate move.”

By Ben Unglesbee • April 10, 2023

Shoe City files for Chapter 11 bankruptcy

The retailer plans to liquidate its 39 stores by the end of next month, citing an inability to repay creditors.

By Nate Delesline III • April 7, 2023

Bed Bath & Beyond faces lawsuit over Harmon layoffs

A former store manager says the company violated state and federal law by failing to give proper notice under the WARN Act.

By Nate Delesline III • April 5, 2023

Revlon will wipe out $2.7B in debt as it exits bankruptcy later this month

The cosmetics giant will leave Chapter 11 as a private company in coming weeks, with $285 million in fresh liquidity and $1.5 billion in debt.

By Daphne Howland • April 4, 2023

Former Bed Bath & Beyond CEO sues over unpaid severance

Mark Tritton alleges that the retailer stopped payments on his $6.76 million severance agreement in January.

By Nate Delesline III • April 3, 2023

Boxed files for Chapter 11 bankruptcy

The company intends to sell its software business while it winds down retail operations over the next several weeks.

By Jeff Wells • April 3, 2023

Bed Bath & Beyond again warns of bankruptcy as it seeks to sell $300M in stock

The retailer terminated an earlier deal with Hudson Bay Capital Management that sought to raise over $1 billion.

By Nate Delesline III • March 31, 2023

Lenders acquire bankrupt Morphe owner for $690M

Forma Brands reached an agreement to be acquired by Jefferies Finance and Cerberus Capital Management after filing for Chapter 11 in January.

By Nate Delesline III • March 30, 2023

US retail sector leads corporate defaults: S&P Global

Retail faces continuing challenges with logistics, labor and supplier cost inflation, which is squeezing margins, as consumers pull back.

By Nate Delesline III • March 22, 2023

Scotch & Soda files for bankruptcy in Netherlands

The fashion brand has been steadily expanding its direct-to-consumer footprint globally, and only business in its home country will be impacted by the proceedings.

By Dani James • March 22, 2023

Bed Bath & Beyond proposes reverse stock split

The move is the distressed retailer’s latest tactic to "generate greater investor interest in the company.” 

By Nate Delesline III • March 20, 2023

Big Lots reports furniture shortages after largest supplier abruptly closes

The shutdown of vendor United Furniture Industries pressured the discount retailer's e-commerce sales.

By Alejandra Carranza • March 16, 2023

Tuesday Morning wants to close over 250 stores

The discount retailer says it “has too many stores” and needs a smaller brick-and-mortar footprint to remain a viable business.

By Nate Delesline III • March 10, 2023

S&P upgrades Bed Bath & Beyond but warns of ongoing concerns

The retailer remains in a precarious financial position with the outcome of its turnaround plan uncertain.

By Nate Delesline III • March 7, 2023

11 digitally native retailers at risk of bankruptcy

These companies were meant to be disruptors to the industry. But as macroeconomic pressures intensify and capital gets harder to find, they may be put to their biggest test.

By Caroline Jansen • March 6, 2023

The running list of major retail bankruptcies

Eastern Mountain Sports and Bob's Stores are the latest retailers to file Chapter 11.

By Retail Dive Staff • Updated Sept. 13, 2024

Party City plans to close 22 stores in bankruptcy

Twelve of the locations are already up for auction, and the total number of closures could change as the retailer continues to evaluate its footprint.

By Nate Delesline III • Feb. 17, 2023

Tuesday Morning says lenders’ actions contributed to Chapter 11

The company, which is preparing to close hundreds of stores, said when Wells Fargo increased its reserves, the move “effectively eliminated” the retailer’s operating liquidity.

By Nate Delesline III • Feb. 16, 2023

Independent Pet Partners files Ch. 11, looks to sell some stores

The owner of Loyal Companion is closing dozens of stores and selling some of its locations to Pet Supplies Plus and other competitors.

By Kaarin Vembar and Tatiana Walk-Morris • Feb. 16, 2023

Tuesday Morning files for Chapter 11, again

In its second bankruptcy filing since 2020, the discount retailer is planning to shrink its store footprint further and refocus on high-traffic stores.

By Nate Delesline III • Feb. 14, 2023

Store openings outpace closures in 2022: Coresight

Discount stores — driven by dollar stores — led retail openings, while apparel stores saw the most closures.

By Nate Delesline III • Feb. 13, 2023

What lies ahead for retail in 2023

Value-conscious consumers, rising layoffs and new leadership at some of retail’s major players are just a few forces shaping the industry so far.

By Retail Dive Staff • Feb. 13, 2023

Last-minute funding buys Bed Bath & Beyond more time

As part of the company’s turnaround strategy, it aims to reduce its brick-and-mortar footprint to 480 stores.

By Nate Delesline III • Feb. 8, 2023