Distressed Retail
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Bargain Hunt files Chapter 11 with plans to close all stores
Losing a customer returns partnership with Amazon contributed to the company’s difficulties, along with annual losses and a competitive environment.
By Nate Delesline III • Feb. 10, 2025 -
The image by BrokenSphere is licensed under CC BY-SA 3.0
Liberated Brands files for Chapter 11 bankruptcy
The move comes after the group lost part of its licensing agreement with Authentic Brands Group for the Boardriders portfolio.
By Laurel Deppen • Feb. 7, 2025 -
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 -
Podcast
The Backroom: A new retail apocalypse?
The team discusses a recent report that U.S. retailers are set to shutter many more stores than they plan to open in 2025 — and what that really means.
By Retail Dive Staff • Jan. 30, 2025 -
The Container Store exits bankruptcy
The retailer used Chapter 11 to shed nearly $88 million in debt and will go forward as a privately held company owned by its lenders.
By Nate Delesline III • Jan. 29, 2025 -
Column
The Weekly Closeout: Puma eyes ‘efficiency program,’ Adidas could cut jobs
Puma wants to improve operations and cut costs in the name of profitability, while Adidas said its operating model is too complex.
By Retail Dive Staff • Jan. 24, 2025 -
Books Inc. files for Chapter 11
The California-based retailer said the pandemic kicked off years of falling revenue and rising costs. It will close at least one store but stay in business.
By Nate Delesline III • Jan. 23, 2025 -
Joann files for bankruptcy for the second time in a year
The crafts retailer was forced back into Chapter 11 by the wider retail environment and its own financial and inventory woes, the company said.
By Daphne Howland • Jan. 15, 2025 -
These retailers could file for bankruptcy in 2025
From At Home to Guitar Center, here’s who’s most at risk in the year ahead.
By Cara Salpini • Updated Jan. 18, 2025 -
Column
The Weekly Closeout: Ulta’s future and Big Lots’ store-saving deal
The beauty retailer named a new CEO while Big Lots closed on a sale agreement that will enable it to keep hundreds of stores open.
By Retail Dive Staff • Jan. 10, 2025 -
8 retail trends to watch in 2025
Each year brings unique headwinds and tailwinds. From increased attention on DEI efforts to the shifting nature of DTC, this is what we’ll be following in 2025.
By Retail Dive Staff • Jan. 7, 2025 -
Big Lots’ new deal could keep up to 400 stores open
Under the transaction, Variety Wholesalers would acquire at least 200 stores and up to two distribution centers, saving jobs in the process.
By Stephanie Arnold • Dec. 30, 2024 -
Party City to close all stores in bankruptcy
About 14 months after emerging from Chapter 11, the retailer finds itself in bankruptcy court once again. This time, it’s liquidating.
By Caroline Jansen • Dec. 23, 2024 -
The Container Store files for bankruptcy, but it’s business as usual
Thanks to an agreement with most of its term loan lenders, the retailer will keep its stores and website open and emerge as a private company.
By Daphne Howland • Dec. 23, 2024 -
Big Lots to start going-out-of-business sales
The move comes as the company lays off over 500 employees at its corporate headquarters.
By Nate Delesline III • Dec. 20, 2024 -
Column
The Weekly Closeout: Adidas headquarters searched, Amazon starts selling cars
The activewear brand is under investigation for tax and customs compliance, while the e-commerce giant is offering Hyundai cars through Amazon Autos.
By Retail Dive Staff • Dec. 13, 2024 -
Outfox Hospitality faces $3.8M in labor penalties
The Illinois Department of Labor seeks back wages from the bankrupt retailer for failing to give workers 60 days’ notice before they were laid off.
By Jessica Loder • Dec. 11, 2024 -
NYSE moves to delist The Container Store
The home retailer has made several moves this year to strengthen its financial position as consumer reticence around discretionary spending persists.
By Nate Delesline III • Dec. 10, 2024 -
Under new ownership, Lord & Taylor revives old logo and comeback dreams
The chief strategy officer at Regal Brands Global, which now runs the venerable department store, talks to Retail Dive about what comes next.
By Daphne Howland • Dec. 10, 2024 -
Lender group completes acquisition of Tupperware’s assets
Party Products LLC — made up of Stonehill Capital Management and Alden Global Capital — has acquired the company’s brand name and other assets.
By Howard Ruben • Dec. 4, 2024 -
Beyond’s $40M investment in The Container Store may be off
The Container Store’s failure to reach a satisfactory agreement with lenders puts their deal at risk, both retailers warned this week.
By Daphne Howland • Nov. 21, 2024 -
Auction of struggling San Francisco Centre mall postponed
The property, previously anchored by a Nordstrom flagship that left last year and now more than $625 million in default, was set to be sold Thursday.
By Daphne Howland • Nov. 18, 2024 -
Vitamin Shoppe owner files for bankruptcy
Franchise Group, which also runs Pet Supplies Plus and Buddy’s Home Furnishings, will shut down American Freight starting this week.
By Daphne Howland • Nov. 4, 2024 -
Walgreens to lay off over 250 people
The decision regarding the support center roles follows a recent announcement that the pharmacy retailer plans to close 1,200 stores over the next three years.
By Nate Delesline III • Oct. 31, 2024 -
The Container Store could file bankruptcy if Beyond equity deal fails
Despite facing several challenges, turnaround efforts are gaining momentum, CEO Satish Malhotra said.
By Nate Delesline III • Oct. 30, 2024 -
Esprit US subsidiaries file for bankruptcy
The Chapter 7 notices come in the wake of more than a dozen similar filings from Esprit Holdings affiliates around the world.
By Lara Ewen • Oct. 30, 2024