Distressed Retail: Page 8
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BuyBuy Baby stores likely closing after no buyers step forward
But the retailer’s brand name will probably live on after a New Jersey-based company bid on its intellectual property.
By Nate Delesline III • July 7, 2023 -
Christmas Tree Shops to shutter 72 remaining stores
Liquidation sales have already begun as the 1950s-era business winds down its footprint in bankruptcy.
By Cara Salpini • July 7, 2023 -
Column
The Weekly Closeout: Snoop Doggie Doggs adds wholesale partners as the FTC takes on sponsored posts
The celebrity pet brand can now be found at retailers like Kohl’s and Petco, while the FTC is cracking down on deceptive endorsements and reviews.
By Retail Dive Staff • July 7, 2023 -
Christmas Tree Shops plans to liquidate if it can’t find a buyer
The retailer defaulted on its bankruptcy loan terms and will have to close all of its stores if it doesn't secure a buyer by the end of this week.
By Nate Delesline III • July 5, 2023 -
BuyBuy Baby gets a bid from one of its vendors
Dream on Me, which runs a direct-to-consumer business and sells baby gear through the Bed Bath & Beyond-owned retailer, is a stalking horse bidder, according to bankruptcy court documents.
By Daphne Howland • June 30, 2023 -
Overstock to rebrand itself as Bed Bath & Beyond
The online-only retailer is moving quickly to remake itself with a name it says better resonates with customers and vendors.
By Nate Delesline III • June 29, 2023 -
Forman Mills avoids bankruptcy thanks to acquisition by Shoppers World
The warehouse-style discounter recently laid off hundreds of employees and warned it might have to file for Chapter 11 if it couldn’t find a buyer.
By Daphne Howland • June 26, 2023 -
Overstock wins Bed Bath & Beyond IP at auction with $21.5M bid
The bid gives Overstock ownership of Bed Bath & Beyond’s internet properties, social media, mobile platforms, business data, publicity rights and trademarks.
By Nate Delesline III • June 22, 2023 -
Shoe company Rockport files for bankruptcy for second time in 5 years
The company says high overhead costs and weakened demand for its core products due to the COVID-19 pandemic contributed to an untenable financial situation.
By Nate Delesline III • June 15, 2023 -
Overstock bids $21.5M for Bed Bath & Beyond’s intellectual property
Competing bids for Bed Bath & Beyond, which is liquidating in Chapter 11, are due Friday.
By Nate Delesline III • June 13, 2023 -
Instant Pot parent company files for Chapter 11 bankruptcy
The Illinois-based company owes tens of millions to suppliers, but plans to stay in business, according to federal court filings.
By Nate Delesline III • June 13, 2023 -
BuyBuy Baby could get bought as buyers express interest
The retailer may not disappear if one of several bidders, including Babylist, acquires its digital brand or brick-and-mortar locations.
By Nate Delesline III • June 6, 2023 -
Christmas Tree Shops files for Chapter 11
The New England-based discount retailer owes vendors millions and is asking a court for permission to close about 10 stores.
By Nate Delesline III • May 9, 2023 -
Bed Bath & Beyond owes over $95M to these 14 vendors in its supply chain
The bankrupt retailer has big trade debts to numerous suppliers as well as transportation and other service providers.
By Ben Unglesbee • May 5, 2023 -
Toys R Us specter looms over Bed Bath & Beyond
The home-goods retailer’s mixed signals remind some of Toys R Us. The toy retailer filed to reorganize in 2017, only to liquidate its U.S. operations months later.
By Maura Webber Sadovi • May 2, 2023 -
"Tuesday Morning at the Sunset Esplanade in w:Hillsboro, Oregon." by M.O. Stevens is licensed under CC BY 4.0
Tuesday Morning is going out of business after 49 years
The discount retailer is working to close its remaining stores after a federal bankruptcy judge approved Hilco Global's $32 million offer.
By Nate Delesline III • May 1, 2023 -
Revlon, ready to exit Chapter 11, fills incoming board with former beauty retail execs
The cosmetics company says it will emerge from bankruptcy some time this week, under private ownership of several private equity firms.
By Daphne Howland • May 1, 2023 -
Gap lays off 1,800 employees amid major restructuring
The massive downsizing is part of an effort to peel away management layers and slash expenses.
By Daphne Howland • April 27, 2023 -
These retailers stand to gain customers and sales as Bed Bath & Beyond disappears
Walmart, Amazon and especially Target have already been taking market share from the struggling home goods retailer for quite some time.
By Daphne Howland • April 25, 2023 -
Party City to close 9 more stores as it preps to go private
The party merchandise retailer said the pandemic “consumed vital liquidity” and contributed to the decision to seek Chapter 11 protection.
By Nate Delesline III • April 24, 2023 -
Bed Bath & Beyond, finally in Chapter 11, is going out of business
The struggling home goods retailer has been searching for a buyer since last year to no avail, and, after much delay, filed for bankruptcy.
By Daphne Howland • April 24, 2023 -
Column
The Weekly Closeout: Nike releases first virtual collection and Skechers partners with Mr. T
The athletics retailer is unveiling its first digital collection since launching the .Swoosh platform, while the footwear brand is embracing the “t” in Skechers.
By Retail Dive Staff • April 21, 2023 -
Why hasn’t Bed Bath & Beyond filed for bankruptcy yet?
The struggling home goods retailer has been pulling all kinds of levers, leaving many to wonder why it hasn’t sought Chapter 11 protection by now.
By Daphne Howland • April 20, 2023 -
David’s Bridal owes $27.5M to vendors as it charts course in bankruptcy
The wedding apparel retailer owes millions to the joint venture that procures the bulk of its merchandise outside North America.
By Ben Unglesbee • April 20, 2023 -
David’s Bridal is prepared to liquidate if it can’t find a buyer
Even if the retailer does stay in business under new ownership, it’s likely to shrink its fleet of nearly 300 stores.
By Daphne Howland • April 18, 2023