Distressed Retail: Page 9


  • Two people walk by a Bed Bath & Beyond store on a cloudy day.
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    Daphne Howland/Retail Dive
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    Overstock bids $21.5M for Bed Bath & Beyond’s intellectual property

    Competing bids for Bed Bath & Beyond, which is liquidating in Chapter 11, are due Friday.

    By Nate Delesline III • June 13, 2023
  • An Instant Pot digital cooker with the control panel illuminated on a white background
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    Permission granted by Instant Brands
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    Instant Pot parent company files for Chapter 11 bankruptcy

    The Illinois-based company owes tens of millions to suppliers, but plans to stay in business, according to federal court filings.

    By Nate Delesline III • June 13, 2023
  • BuyBuy Baby could get bought as buyers express interest

    The retailer may not disappear if one of several bidders, including Babylist, acquires its digital brand or brick-and-mortar locations.

    By Nate Delesline III • June 6, 2023
  • Christmas Tree Shops files for Chapter 11

    The New England-based discount retailer owes vendors millions and is asking a court for permission to close about 10 stores.

    By Nate Delesline III • May 9, 2023
  • White clouds hover over a Bed Bath & Beyond store, a leafy tree in front on the left.
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    Daphne Howland/Retail Dive
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    Bed Bath & Beyond owes over $95M to these 14 vendors in its supply chain

    The bankrupt retailer has big trade debts to numerous suppliers as well as transportation and other service providers.

    By May 5, 2023
  • Image of customers shopping in a Bed Bath & Beyond store with sale signs visible.
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    Joe Raedle via Getty Images
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    Toys R Us specter looms over Bed Bath & Beyond

    The home-goods retailer’s mixed signals remind some of Toys R Us. The toy retailer filed to reorganize in 2017, only to liquidate its U.S. operations months later.

    By Maura Webber Sadovi • May 2, 2023
  • Tuesday Morning is going out of business after 49 years

    The discount retailer is working to close its remaining stores after a federal bankruptcy judge approved Hilco Global's $32 million offer.

    By Nate Delesline III • May 1, 2023
  • Revlon, ready to exit Chapter 11, fills incoming board with former beauty retail execs

    The cosmetics company says it will emerge from bankruptcy some time this week, under private ownership of several private equity firms.

    By May 1, 2023
  • Exterior of a Gap store
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    Daphne Howland/Retail Dive
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    Gap lays off 1,800 employees amid major restructuring

    The massive downsizing is part of an effort to peel away management layers and slash expenses.

    By April 27, 2023
  • These retailers stand to gain customers and sales as Bed Bath & Beyond disappears

    Walmart, Amazon and especially Target have already been taking market share from the struggling home goods retailer for quite some time.

    By April 25, 2023
  • Storefront of a Party City.
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    Nate Delesline III/Retail Dive
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    Party City to close 9 more stores as it preps to go private

    The party merchandise retailer said the pandemic “consumed vital liquidity” and contributed to the decision to seek Chapter 11 protection.

    By Nate Delesline III • April 24, 2023
  • Two people walk by a Bed Bath & Beyond store on a cloudy day.
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    Daphne Howland/Retail Dive
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    Bed Bath & Beyond, finally in Chapter 11, is going out of business

    The struggling home goods retailer has been searching for a buyer since last year to no avail, and, after much delay, filed for bankruptcy.

    By April 24, 2023
  • Mr. T standing in front of a car looking cooler than everybody.
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    Courtesy of Skechers
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    Column

    The Weekly Closeout: Nike releases first virtual collection and Skechers partners with Mr. T

    The athletics retailer is unveiling its first digital collection since launching the .Swoosh platform, while the footwear brand is embracing the “t” in Skechers.

    By Retail Dive Staff • April 21, 2023
  • White clouds hover over a Bed Bath & Beyond store, a leafy tree in front on the left.
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    Daphne Howland/Retail Dive
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    Why hasn’t Bed Bath & Beyond filed for bankruptcy yet?

    The struggling home goods retailer has been pulling all kinds of levers, leaving many to wonder why it hasn’t sought Chapter 11 protection by now.

    By April 20, 2023
  • David's Bridal sign outside of a store.
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    Kaarin Vembar/Retail Dive
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    David’s Bridal owes $27.5M to vendors as it charts course in bankruptcy

    The wedding apparel retailer owes millions to the joint venture that procures the bulk of its merchandise outside North America.

    By April 20, 2023
  • David’s Bridal is prepared to liquidate if it can’t find a buyer

    Even if the retailer does stay in business under new ownership, it’s likely to shrink its fleet of nearly 300 stores.

    By April 18, 2023
  • David’s Bridal takes another walk down the bankruptcy aisle

    The bridal retailer launched several initiatives since exiting Chapter 11 four years ago, but the pandemic and the economy have taken a toll.

    By April 17, 2023
  • Two individuals wear Lacoste clothing in front of a wall of roller skates.
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    Courtesy of Netflix
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    Column

    The Weekly Closeout: Lacoste partners with Netflix and is David’s Bridal considering bankruptcy?

    The fashion brand is releasing a collection based on “Bridgerton” and other shows, while the wedding retailer could be looking at a Chapter 22.

    By Retail Dive Staff • April 14, 2023
  • Three multi-colored catalog pamphlets stacked
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    zefart via Getty Images
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    Catalog retailer AmeriMark Interactive files for bankruptcy

    The company, which also operates through e-commerce, saw total revenue drop by about $375 million in 2022 compared to the year before. 

    By April 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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    With suppliers still wary, Bed Bath & Beyond banks on $120M consignment deal

    One analyst calls it “way too late and beyond a desperate move.”

    By April 10, 2023
  • A screenshot of the ycmc.com website before the company filed for bankruptcy
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    Nate Delesline III/Retail Dive
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    Shoe City files for Chapter 11 bankruptcy

    The retailer plans to liquidate its 39 stores by the end of next month, citing an inability to repay creditors.

    By Nate Delesline III • April 7, 2023
  • Bed Bath & Beyond
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    Bruce Bennett via Getty Images
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    Bed Bath & Beyond faces lawsuit over Harmon layoffs

    A former store manager says the company violated state and federal law by failing to give proper notice under the WARN Act.

    By Nate Delesline III • April 5, 2023
  • A row of bright pink, pale pink and red jars of Revlon nail polish, with black caps against a black background, in closeup.
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    "Revlon" by Mike Mozart is licensed under CC BY 2.0
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    Revlon will wipe out $2.7B in debt as it exits bankruptcy later this month

    The cosmetics giant will leave Chapter 11 as a private company in coming weeks, with $285 million in fresh liquidity and $1.5 billion in debt.

    By April 4, 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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    Former Bed Bath & Beyond CEO sues over unpaid severance

    Mark Tritton alleges that the retailer stopped payments on his $6.76 million severance agreement in January.

    By Nate Delesline III • April 3, 2023
  • Boxed
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    Courtesy of Boxed
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    Boxed files for Chapter 11 bankruptcy

    The company intends to sell its software business while it winds down retail operations over the next several weeks.

    By Jeff Wells • April 3, 2023