Distressed Retail: Page 10


  • Bed Bath & Beyond
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    Bruce Bennett via Getty Images
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    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
  • Exterior of Wayfair's headquarters in Boston
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    Caroline Jansen/Retail Dive
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    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 March 6, 2023
  • An illustration of a person hanging onto a coin in rough seas.
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    Adeline Kon/Retail Dive
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    Tracker

    The running list of major retail bankruptcies

    In the first six months of the year, Forever 21, Rite Aid, At Home, Joann and Hudson’s Bay all took restructuring actions.

    By Retail Dive Staff • Updated June 27, 2025
  • Storefront of a Party City.
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    Nate Delesline III/Retail Dive
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    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
  • Exterior of a Loyal Companion store in Bethesda, Maryland
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    Caroline Jansen/Retail Dive
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    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
  • Three signs plastered to a grey tiled wall announce a store liquidation sale, with the middle one saying that "Everything must go!"
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    Daphne Howland/Retail Dive
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    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
  • Two people walk by an H&M store in London.
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    Carl Court via Getty Images
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    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
  • Puffy clouds in a blue sky frame a storefront that says "Bed Bath & Beyond" in large dark letters.
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    Daphne Howland/Retail Dive
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    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
  • Bed Bath & Beyond
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    Bruce Bennett via Getty Images
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    Bed Bath & Beyond seeks $1B to avoid bankruptcy

    The investor deal comes as the beleaguered home goods retailer ushers in a new interim CFO with experience in turnarounds.

    By Nate Delesline III • Feb. 7, 2023
  • Bed Bath & Beyond
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    Permission granted by Bed Bath & Beyond
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    Missed interest payment signals Bed Bath & Beyond ‘out of options’

    Analysts think the retailer is out of time and money. Meanwhile, the company closed a distribution center in Texas, impacting hundreds of employees.

    By Nate Delesline III • Feb. 2, 2023
  • Person in a silver dress with blonde hair signing a book
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    Robin Marchant / Stringer via Getty Images
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    Ariana Grande to buy her beauty brand’s assets from Forma Brands for $15M

    The singer’s brand, R.e.m. Beauty, entered into a licensing agreement with the company in December 2020.

    By Dani James • Feb. 2, 2023
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    Courtesy of Bed Bath & Beyond
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    Bed Bath & Beyond to close all Harmon stores

    The retailer will also close an additional 87 of its namesake stores as a potential bankruptcy filing looms.

    By Nate Delesline III • Jan. 30, 2023
  • Bed Bath & Beyond
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    Bruce Bennett via Getty Images
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    As it inches toward bankruptcy, Bed Bath & Beyond defaults on loan

    The distressed home goods retailer said it doesn’t have enough cash to pay down its debts.

    By Jan. 27, 2023
  • A red Levi's tab sign against a bright blue sky.
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    Daphne Howland/Retail Dive
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    Column

    The Weekly Closeout: Foot Locker faces privacy suit and Levi’s misquotes Mark Twain

    A lawsuit alleges the athletics retailer violated California’s privacy act. Meanwhile, Levi’s CEO Chip Bergh cited the author on why skinny jeans are not dead.

    By Retail Dive Staff • Jan. 27, 2023
  • A Bed Bath & Beyond sign against a blue sky with puffy white clouds.
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    Daphne Howland/Retail Dive
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    Bed Bath & Beyond receives Nasdaq warning over late 10-Q

    The distressed retailer has until March 13 to regain Nasdaq listing compliance by submitting the financial report.

    By Nate Delesline III • Jan. 20, 2023
  • A cardboard box with a round light-blue logo and the words "Stitch Fix" leans against a bright yellow door.
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    Courtesy of Stitch Fix
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    Column

    The Weekly Closeout: Amazon discontinues charity program, Stitch Fix takes to Twitter for CEO search

    The e-commerce giant is ending its AmazonSmile program after a decade and the styling service is seeking out CEO applicants via social media.

    By Retail Dive Staff • Jan. 20, 2023
  • store front of Party City
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    Daphne Howland/Retail Dive
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    Judge grants Party City immediate access to $75M bankruptcy loan

    The remainder of a $150 million debtor-in-possession loan will not be released until February.

    By Nate Delesline III • Jan. 19, 2023
  • Storefront of a Party City.
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    Nate Delesline III/Retail Dive
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    Party City files for bankruptcy with plans to shed debt

    The retailer has a deal with bondholders to pursue an “expedited restructuring” aimed at improving its capital structure and liquidity.

    By Nate Delesline III • Jan. 18, 2023
  • An Olympia Sports storefront
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    Courtesy of CriticalPoint Capital
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    Olympia Sports’ intellectual property headed to auction

    The retailer, which once had a footprint of 230 stores, is among the latest retail brand names up for grabs following a Chapter 11 bankruptcy.

    By Nate Delesline III • Jan. 13, 2023
  • Stacked white boxes of makeup on a black store display
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    Gabe Ginsberg / Stringer via Getty Images
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    Morphe parent company files for Chapter 11 bankruptcy

    Forma Brands — which also operates Playa Beauty and Jaclyn Cosmetics — has entered a proposed $33 million acquisition deal with lenders. 

    By Dani James • Jan. 12, 2023
  • Bed Bath & Beyond
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    Bruce Bennett via Getty Images
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    Fitch: Gulf between retail’s winners and losers to widen in 2023

    Default rates will likely remain low, but the firm is watching for bankruptcies from major players like Party City, Rite Aid and Bed Bath & Beyond.

    By Jan. 10, 2023
  • Boxed
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    Courtesy of Boxed
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    Boxed considers selling itself amid cash crunch

    The online retailer, which is trying to shore up its liquidity and boost its sagging stock price, also said it is “actively exploring” ways to bring in additional capital.

    By Sam Silverstein • Jan. 6, 2023
  • Bed Bath & Beyond
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    Bruce Bennett via Getty Images
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    Bed Bath & Beyond warns it could file for bankruptcy

    The struggling home retailer issued a "going concern" warning as sales continue to slide and losses widen.

    By Jan. 5, 2023