Amazon says its Saks Global investment is ‘worthless’

The e-commerce giant’s complaints could signal a long and contentious bankruptcy process for the luxury company.

By Daphne Howland • Jan. 15, 2026

Saks Global files for bankruptcy, shakes up leadership after a year of struggles

Former Neiman Marcus Group chief ​​Geoffroy van Raemdonck, now CEO, is bringing on a fresh slate of executives — and has a $1.75 billion financing package to work with.

By Daphne Howland • Jan. 14, 2026

Value City, American Signature Furniture to shutter remaining stores

The retailer, which is closing its last 89 locations, filed for bankruptcy in November as sales plummeted and losses widened amid a soft housing sector.

By Daphne Howland • Jan. 12, 2026

Vince monitoring Saks Global ‘on a minute-by-minute basis’

CEO Brendan Hoffman said the luxury department store conglomerate accounts for about 7% of its business.

By Cara Salpini • Jan. 12, 2026

6 retail trends to watch in 2026

From pricing dynamics to the shifting state of malls, here are the trends we’ve got our eye on in 2026.

By Retail Dive Staff • Jan. 8, 2026

S&P Global Ratings downgrades Saks Global on missed interest payment

The luxury giant is unlikely to make good within the grace period or achieve promised savings from last year’s $2.7 billion merger, the analysts said.

By Daphne Howland • Jan. 8, 2026

Saks Global doesn’t rule out bankruptcy

The department store conglomerate says it’s “exploring all potential paths” toward stability but insists the luxury market is strong.

By Daphne Howland • Dec. 23, 2025

Inflation, tariffs help send iRobot into bankruptcy

The Roomba-maker’s largest Chinese manufacturer has agreed to acquire the company via a Chapter 11 restructuring.

By Daphne Howland • Dec. 15, 2025

Creditors object to Schottenstein bid for bankrupt Value City Furniture owner

The bid for American Signature Inc. contemplates a liquidation and is bad for unsecured creditors, according to objections.

By Dani James • Dec. 11, 2025

A new frontline formula: Why communication, clarity and connection will define retail’s next chapter

Why communication is becoming retail’s next competitive edge on the frontline.

Dec. 8, 2025

Value City Furniture owner files for bankruptcy citing housing crisis

American Signature Inc. plans to close 33 stores in Chapter 11 and expects to enter into a stalking horse purchase agreement with current equity holders.

By Dani James • Nov. 24, 2025

Can Claire’s make a comeback?

Investment firm Ames Watson spoke with Retail Dive about its approach to reinvigorating the brand after buying it out of bankruptcy.

By Dani James • Updated Nov. 5, 2025

At Home exits bankruptcy with nearly $2B in debt eliminated, most stores open

The furniture retailer is now owned by a group of lenders, which is providing $500 million in new financing to support a turnaround.

By Daphne Howland • Oct. 27, 2025

Will anyone buy Rite Aid’s brand?

Rivals have snapped up the drugstore chain’s pharmacies and some locations. But the space is oversaturated, and a correction is underway.

By Daphne Howland • Oct. 21, 2025

CVS closes deal for 63 Rite Aid stores

The drugstore retailer will also bring on more than 3,500 employees from the rival chain and make “targeted investments” in its own stores.

By Cara Salpini • Oct. 15, 2025

Rite Aid closes all stores

When the drugstore retailer filed for bankruptcy in May, its second Chapter 11 in eight months, it was running about 1,275 locations.

By Daphne Howland • Oct. 6, 2025

At Home set to emerge from bankruptcy with most of its stores

The furniture retailer is axing almost $2 billion in debt and will be owned by a group of its lenders, according to a court-approved plan.

By Daphne Howland • Oct. 1, 2025

SEC says former RadioShack buyer ran a Ponzi scheme, unprofitable brands

The federal regulator alleged that REV’s co-founders misled investors about the profitability of its retail portfolio, which also included Stein Mart and Dress Barn, and misappropriated investor funds. 

By Dani James • Sept. 26, 2025

Michaels rolls out party, knitting shops in wake of Joann and Party City bankruptcies

The Knit & Sew space in stores, which comes about three months after the craft retailer acquired Joann’s IP, will feature co-branded signage.

By Howard Ruben • Sept. 26, 2025

Claire’s acquisition closes with plans for smaller store footprint

Ames Watson wants to keep the piercing retailer's mall locations relevant through upgraded merchandising, piercing services and store concepts.

By Dani James • Sept. 19, 2025

Forever 21 may open stores in the US, after all

Authentic Brands Group, which controls the fast-fashion brand’s IP, said it’s close to a deal. The brand management firm on Wednesday had announced e-commerce and wholesale partnerships.

By Daphne Howland • Sept. 19, 2025

No US stores in Forever 21’s comeback plans

The fast-fashion brand, whose U.S. operator went bankrupt this year, has inked three new partnerships for its e-commerce and wholesale businesses.

By Daphne Howland • Sept. 18, 2025

Sundance retail in ‘final days,’ undergoes closing sales

The company, previously known as Sundance Living, recently had an involuntary Chapter 7 bankruptcy petition filed by creditors.

By Kaarin Moore • Sept. 11, 2025

Barnes & Noble to acquire bankrupt Books Inc. for $3.25M

The California-based book chain would maintain its independent fleet of nine stores and join Tattered Cover in Barnes & Noble’s portfolio.

By Dani James • Sept. 8, 2025

Claire’s scales back store closures to 300 following $140M buyout offer

The bankrupt mall chain had moved to shutter 700 locations and was mulling the liquidation of its entire 1,500-store fleet in North America.

By Daphne Howland • Sept. 2, 2025