Rite Aid banned from use of facial recognition tech for 5 years

The company’s “reckless” use of the technology harmed customers, the FTC said.

By Nate Delesline III • Dec. 20, 2023

With website down, Zulily’s future in doubt

The e-commerce retailer's website is currently "down for maintenance," following layoffs.

By Nate Delesline III • Dec. 19, 2023

Explore the 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

Amyris to sell JVN brand for $1.25M

Windsong Global was the successful bidder. Rose and Stripes were also auctioned off as part of Amyris' bankruptcy process.

By Dani James • Dec. 18, 2023

Showfields landlord, funders voice concern over bankruptcy financing

The retailer's Brooklyn landlord objected to its proposed DIP financing, alleging Showfields has insiders involved with the lender. Meanwhile, the CEO said the company is working on "reaching a resolution" with creditors.

By Dani James • Dec. 15, 2023

Mall operator PREIT files for bankruptcy for the second time in 3 years

The mall REIT came to court with a plan to shed $880 million in debt and obtain $135 million in debtor-in-possession and exit revolver financing.

By Daphne Howland • Dec. 15, 2023

Zulily sues Amazon, alleges price-fixing

Zulily claims Amazon’s business practices hurt its bottom line. Amazon denies any wrongdoing.

By Nate Delesline III • Dec. 14, 2023

Zulily to cut more than 800 jobs in 3 states amid reported shutdown

The company is going out of business, according to news reports and posts by employees on LinkedIn.  

By Nate Delesline III • Dec. 11, 2023

SmileDirectClub shuts down, leaving customers without support

The DTC dental company filed for bankruptcy earlier this year hoping to undergo a going-concern transaction, but has now closed its operations.

By Dani James • Dec. 11, 2023

Joann raises cost savings target to $225M

The craft retailer is working to improve its cash flow, but its $1 billion-plus debt load remains a concern.

By Nate Delesline III • Dec. 5, 2023

Rite Aid plans to sell 79 more stores

The drugstore chain has been shedding leases as a way to optimize its portfolio following its Chapter 11 bankruptcy. 

By Tatiana Walk-Morris • Dec. 5, 2023

Activewear brand Bandier seeks buyer for IP, assets

After facing headwinds, including supply chain challenges, the brand is now conducting an expedited sale process through a bankruptcy alternative.

By Dani James • Dec. 1, 2023

Men’s skin care brand Disco shuts down amid bankruptcy

The company filed for Chapter 7 bankruptcy last week after its debt provider foreclosed on it, according to a LinkedIn post from founder Benjamin Smith.

By Dani James • Nov. 22, 2023

After months in limbo, some products from bankrupt Mitchell Gold may finally reach customers

At the same time, home goods company Surya acquired the Mitchell Gold + Bob Williams brand, with plans to start shipping products in Q1.

By Ben Unglesbee • Nov. 20, 2023

Party City-owned balloon supplier files for bankruptcy

Anagram entered Chapter 11 amid uncertainty around its supply contract with the retailer, which is its corporate parent and largest customer.

By Ben Unglesbee • Nov. 13, 2023

Rite Aid wants to sell 92 more store leases in Chapter 11

The offering is in addition to 78 leases and 21 stores and land parcels that went up for sale in mid-October as the retailer restructures in bankruptcy.

By Nate Delesline III • Nov. 8, 2023

Bankrupt Mitchell Gold and Ryder reach deal on undelivered products

Customers would have to pay the logistics provider to release and deliver goods that in many cases were purchased, with shipping fees, months ago.

By Ben Unglesbee • Oct. 30, 2023

Hello Bello files for bankruptcy amid supply chain setbacks

The baby care company — founded by celebrities Kristen Bell and Dax Shepard — has agreed to a stalking horse bid from private equity firm Hildred Capital Management.

By Dani James • Oct. 24, 2023

Another furniture retailer prepares to liquidate

Z Gallerie, which exited another bankruptcy last year and had also filed in 2009, still hopes to sell itself. 

By Daphne Howland • Oct. 23, 2023

Tattered Cover parent company files for Chapter 11

The independent book retailer is restructuring as it enters a critical holiday season.

By Nate Delesline III • Oct. 19, 2023

David’s Bridal promotes slate of company veterans in preparation for post-bankruptcy turnaround

The special-occasion apparel chain struggled after its previous Chapter 11 exit in 2018 as the pandemic roiled its business.

By Daphne Howland • Oct. 19, 2023

Rite Aid gets court OK for nearly $3.5B in bankruptcy financing

The pharmacy retailer also wants to sell nearly 100 store leases, properties and pieces of land in 12 states as it looks to restructure.

By Nate Delesline III • Oct. 18, 2023

Rite Aid files for Chapter 11 bankruptcy, names new CEO

The pharmacy retailer plans to use bankruptcy to shrink its store footprint and manage a nearly $4 billion debt load.

By Nate Delesline III • Oct. 16, 2023

Party City emerges from bankruptcy, CEO to exit

Brad Weston will step down from the top executive role, while current Chief Commercial Officer Sean Thompson will become the company’s interim.

By Kaarin Vembar • Oct. 13, 2023

Tupperware’s executive vice chair to exit

Richard Goudis plans to resign from the company after about three years once Tupperware files its 2022 annual report.

By Dani James • Oct. 10, 2023

Halloween is a $12B business. Why that couldn’t save Party City

The specialty retailer relies heavily on the holiday, but growing participation and spending wasn't enough to spare it from bankruptcy.

By Caroline Jansen • Oct. 10, 2023