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Tag: Chapter 11 Bankruptcy

More Americans are filing for bankruptcy. Here’s what’s behind the surge.

January 16, 2026January 16, 2026 · Finance

New data shows more Americans are filing for bankruptcy, the latest indication that price pressures and an uneven economy are leaving some households strapped for cash. Total consumer bankruptcy filings…

Read more More Americans are filing for bankruptcy. Here’s what’s behind the surge.

Luxury retailer Saks Global enters bankruptcy to restructure

January 15, 2026January 16, 2026 · Orlando, Florida Local News

NEW YORK CITY, New York: After years of expansion fueled by debt and rising pressure from cautious luxury shoppers, Saks Global has sought bankruptcy protection as it moves…

Read more Luxury retailer Saks Global enters bankruptcy to restructure

These national and regional retailers went out of business in 2025

December 31, 2025December 31, 2025 · Breaking News

The past year saw a wave of bankruptcies, with a number of major national brands permanently closing their doors amid uncertain economic growth and ongoing challenges among brick-and-mortar…

Read more These national and regional retailers went out of business in 2025

JCPenney reveals an unexpected update about the future of 119 stores

December 27, 2025December 27, 2025 · Business

Once a mall staple and a go-to department store for generations of families since 1902, JCPenney has endured turbulent years marked by bankruptcy, mass store closures, and restructuring efforts. Now,…

Read more JCPenney reveals an unexpected update about the future of 119 stores

At Home Is Closing 29 Stores in September – See List

September 2, 2025September 2, 2025 · US News

I’m a big fan of At Home. I’ve raved about their outdoor furniture in my recent list of the best online stores for patio pieces, and I’ve shared…

Read more At Home Is Closing 29 Stores in September – See List
TGI Fridays files for bankruptcy, as sit-down chain restaurants face broad challenges

TGI Fridays files for bankruptcy, as sit-down chain restaurants face broad challenges

November 2, 2024November 2, 2024 · Finance

TGI Fridays closing 36 “underperforming” restaurants across U.S. TGI Fridays closing 36 “underperforming” restaurants across U.S. 00:24 Restaurant chain TGI Fridays filed for bankruptcy protection Saturday, saying it…

Read more TGI Fridays files for bankruptcy, as sit-down chain restaurants face broad challenges
Buca di Beppo declares bankruptcy. Here’s what restaurants are closing.

Buca di Beppo declares bankruptcy. Here’s what restaurants are closing.

August 6, 2024August 6, 2024 · Chicago, Illinois Local News

8/6: CBS Morning News 20:39 The Italian restaurant chain Buca di Beppo filed for bankruptcy protection after customer visits to the family-style dining establishment declined in recent years. …

Read more Buca di Beppo declares bankruptcy. Here’s what restaurants are closing.
Romance Writers of America falls into bankruptcy amid allegations of racism

Romance Writers of America falls into bankruptcy amid allegations of racism

May 31, 2024May 31, 2024 · Finance

The Romance Writers of America filed for bankruptcy protection this week following several years of infighting and allegations of racism that fractured the organization, causing many of its…

Read more Romance Writers of America falls into bankruptcy amid allegations of racism
Rite Aid is closing more than 150 stores. Here’s where they are.

Rite Aid is closing more than 150 stores. Here’s where they are.

October 18, 2023October 18, 2023 · US News

Rite Aid files for bankruptcy Rite Aid files for bankruptcy 00:21 Rite Aid plans to shutter 154 stores nationwide as part of its recent bankruptcy filing, including about…

Read more Rite Aid is closing more than 150 stores. Here’s where they are.
Overstock CEO wants to distance company from

Overstock CEO wants to distance company from

July 3, 2023July 3, 2023 · Finance

As Overstock.com rechristens itself as Bed Bath & Beyond in a bid to strengthen sales, executives at the company want to distance the new brand from its namesake’s failures,…

Read more Overstock CEO wants to distance company from
Overstock.com to rebrand as Bed Bath & Beyond after purchasing its assets

Overstock.com to rebrand as Bed Bath & Beyond after purchasing its assets

June 30, 2023July 1, 2023 · Finance

Overstock.com is rebranding as Bed Bath & Beyond after purchasing the big-box retailer’s intellectual property assets at a bankruptcy auction last week.  The e-commerce giant bid $21.5 million…

Read more Overstock.com to rebrand as Bed Bath & Beyond after purchasing its assets
Launched to great fanfare a few years ago, Lordstown Motors is already bankrupt

Launched to great fanfare a few years ago, Lordstown Motors is already bankrupt

June 27, 2023June 27, 2023 · Finance

Commercial electric vehicle startup Lordstown Motors Corp. has filed for Chapter 11 bankruptcy protection nearly two months after it warned that it was in danger of failing. In…

Read more Launched to great fanfare a few years ago, Lordstown Motors is already bankrupt
The Container Store will now accept Bed Bath & Beyond’s famous 20% off coupon — but act now

The Container Store will now accept Bed Bath & Beyond’s famous 20% off coupon — but act now

April 26, 2023April 30, 2023 · Finance

Bed Bath & Beyond closing all stores Bed Bath & Beyond going out of business after bankruptcy filing 01:53 Don’t throw away those now-expired Bed Bath & Beyond…

Read more The Container Store will now accept Bed Bath & Beyond’s famous 20% off coupon — but act now
Bed Bath & Beyond going out of business after bankruptcy filing

Bed Bath & Beyond going out of business after bankruptcy filing

April 24, 2023April 24, 2023 · Finance

Bed Bath & Beyond going out of business after bankruptcy filing – CBS News Watch CBS News Bed Bath & Beyond officially filed for bankruptcy protection, the company…

Read more Bed Bath & Beyond going out of business after bankruptcy filing
SVB Financial, former parent of Silicon Valley Bank, files for bankruptcy

SVB Financial, former parent of Silicon Valley Bank, files for bankruptcy

March 17, 2023March 17, 2023 · Finance

Sheila Bair on banking sector turmoil Former FDIC chair Sheila Bair on turmoil in the banking sector 06:15 SVB Financial, the former parent of Silicon Valley Bank, said…

Read more SVB Financial, former parent of Silicon Valley Bank, files for bankruptcy
FTX’s Sam Bankman-Fried: What to know about his arrest and the charges he faces

FTX’s Sam Bankman-Fried: What to know about his arrest and the charges he faces

December 13, 2022December 19, 2022 · Technology

In a moment of self-reflection after the collapse of his cryptocurrency exchange FTX Trading, Sam Bankman-Fried tweeted on December 9 that he considered himself a “model CEO” who…

Read more FTX’s Sam Bankman-Fried: What to know about his arrest and the charges he faces
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