Francesca’s Ch. 11 liquidation plan confirmed

The apparel retailer says it resolved several disputes with creditors and it did not receive other qualified bids for its IP aside from Stand Out For Good. 

By Dani James • Sept. 9, 2026

J. Peterman appears to have folded

The quirky catalog retailer, made famous by “Seinfeld,” has stopped taking orders and faces allegations of violating Ohio consumer laws.

By Daphne Howland • Sept. 2, 2026

The Weekly Closeout: Mud Jeans files for bankruptcy and is the K-shaped economy over?

The circular denim brand was saddled with debt. Meanwhile, many analysts are turning against the letter K in describing the U.S. economy. 

By Retail Dive Staff • Aug. 14, 2026

QVC Group exits Chapter 11, CEO steps down

Mike George, who once led the company when it was Qurate Retail Group, has been named interim chief executive officer.

By Kaarin Moore • Aug. 7, 2026

Canadian mattress retailer to acquire Sleep Number for over $700M

Sleep Country had already agreed to buy the U.S. mattress maker and retailer ahead of its bankruptcy last month.

By Daphne Howland • July 21, 2026

QVC Group nears bankruptcy exit with approved restructuring plan

The HSN and QVC owner will have reduced its debt by over $5 billion when it exits Chapter 11.

By Kaarin Moore • July 16, 2026

Saks parent reduces debt to under $1B

However, several aspects of Exemplar Luxury Group’s post-bankruptcy financing complicate matters and increase its burden, analysts say.

By Daphne Howland • July 2, 2026

Saks Global exits Chapter 11 as ‘Exemplar Luxury Group.’ Here are 5 other things it dumped along the way

The luxury retailer is starting over with a new name and fewer burdens, including less debt and a smaller footprint.

By Daphne Howland • Updated July 2, 2026

Sleep Number files for bankruptcy, inks merger deal

Sleep Country Canada is the stalking horse bidder for the struggling 40-year-old retailer, which is known for its adjustable mattresses.

By Daphne Howland • June 12, 2026

Saks Global faces pivotal year as court approves bankruptcy exit plans

The company will slash debt by 75%, get $500 million in new financing and aim for $9 billion in GMV by 2030. But now customers need to come back.

By Daphne Howland • June 8, 2026

Downtown Dallas Neiman Marcus to close for good, after all

Saks Global decided to close the century-old store over a year ago, but city leaders waged a war of words and won a reprieve.

By Daphne Howland • June 3, 2026

5 reasons why Saks Global’s post-bankruptcy forecast is far-fetched

The luxury giant expects to achieve margins and growth that department stores haven’t seen in years.

By Daphne Howland • May 26, 2026

Saks Off Fifth may be gone, but its customers aren’t. Here’s where they’re going.

TJX and Nordstrom Rack were already gaining share, and they stand to benefit most as Saks Global abandons off-price retail.

By Daphne Howland • May 13, 2026

Simon Property Group drops effort to evict Saks Global stores behind in rent

The parties have settled a dispute that threatened to derail progress in Saks’ effort to exit bankruptcy court next month.

By Daphne Howland • May 11, 2026

Saks Global expects to exit bankruptcy in June with $1.2B in debt

The luxury retail conglomerate said it would be profitable in three years and that, starting next fiscal year, revenue growth would average 7% annually.

By Daphne Howland • May 4, 2026

Saks Global slashes 16% of its corporate workforce

The latest round of downsizing comes amid the luxury retailer’s bankruptcy and leaves it to focus resources “toward critical capabilities that will drive profitable, sustainable growth,” a spokesperson said Thursday.

By Daphne Howland • May 1, 2026

Bankruptcy court, citing Saks Global’s merchandising woes, approves $500M in exit financing

Judge Alfredo Pérez on Friday approved the plan, paving the way for the luxury retailer to start fresh with vendors — and customers.

By Daphne Howland • April 27, 2026

The Weekly Closeout: Pat McGrath Labs exits bankruptcy, GameStop bets on ‘retro’

The cosmetics company forged a deal with GDA Luma, while the gaming retailer is expanding its assortment of older products nationwide.

By Retail Dive Staff • April 24, 2026

Richard Baker claps back, moves to quash subpoena in Saks Global bankruptcy case

The retailer’s former executive chairman said he’s been locked out of his company email and doesn’t have all the details a group of creditors is seeking.

By Daphne Howland • April 20, 2026

Why Allbirds is eating crow

The DTC footwear brand may have overestimated its customers’ appreciation for sustainability, and underappreciated their desire for fashion.

By Daphne Howland • April 20, 2026

QVC Group follows through on bankruptcy, readies itself for a new live-shopping era

The Chapter 11 process applies only to U.S. entities and will be swift, as the company has a plan to drastically reduce its $6.6 billion debt.

By Daphne Howland • April 17, 2026

QVC Group preps bankruptcy filing

The television shopping network is buckling under billions in debt as losses pile up.

By Daphne Howland • April 16, 2026

Richard Baker subpoenaed for communications with ex-Saks Global CEO Marc Metrick

A committee of unsecured creditors says the Saks Global executive chairman has rebuffed requests for information as part of the luxury retailer’s bankruptcy.

By Daphne Howland • April 10, 2026

Bed Bath & Beyond agrees to acquire The Container Store for $150M

Stores will rebrand as “The Container Store / Bed Bath and Beyond” and the Elfa and Closet Works units will anchor a home services division.

By Daphne Howland • April 2, 2026

Saks Global snags $500M in financing, expects to exit bankruptcy this summer

The luxury department store retailer has boosted inventory receipts, with more than 650 brands shipping merchandise, up from 500 a month ago.

By Daphne Howland • April 2, 2026