Furniture maker Mitchell Gold + Bob Williams shuts down over inability to secure ‘critical financing’

The company, which was acquired by private equity firm The Stephens Group in 2014, closed despite a recent $20 million investment by the firm.

By Nate Delesline III • Aug. 30, 2023

Rite Aid reportedly preparing Chapter 11 bankruptcy filing

A filing could help the retailer restructure $3.3 billion in debt and address a slew of lawsuits alleging it unlawfully filled opioid prescriptions.

By Nate Delesline III • Aug. 28, 2023

Tapestry revenues decline in North America

Coach, Tapestry’s largest brand, was the highest performer during the quarter, and it showed a 3% sales increase to $1.2 billion.

By Laurel Deppen • Aug. 18, 2023

Consumer product maker Amyris files for bankruptcy, lays off another 260 workers

The biotech company’s entire portfolio of brands, which includes JVN, Biossance and Rose Inc., is also up for sale.

By Daphne Howland • Aug. 11, 2023

Bed Bath & Beyond’s Etlin: Lessons for CFOs staring down bankruptcy

With the messy task of closing hundreds of Bed Bath & Beyond stores poised to be completed this month, the home-goods retailer’s Holly Etlin reflects on her role as a kind of “uber CFO.”

By Maura Webber Sadovi • July 31, 2023

Authentic Brands Group acquires Rockport out of bankruptcy

The brand conglomerate sees an opportunity to expand the footwear company's assortment into a "full lifestyle offering."

By Nate Delesline III • July 26, 2023

BuyBuy Baby IP buyer wins bid on 11 store leases

The move may position online retailer and vendor Dream on Me to expand into brick-and-mortar operations. 

By Nate Delesline III • July 24, 2023

Bankruptcy judge OKs sale of BuyBuy Baby brand and digital assets for $15.5M

The distressed retailer’s brick-and-mortar stores are now slated to close after no bids materialized to keep them open.

By Nate Delesline III • July 12, 2023

Senators take aim at Bed Bath & Beyond stock buybacks, lack of worker severance

Democratic lawmakers Cory Booker and Elizabeth Warren criticized the retailer for spending $11.8 billion in buybacks since 2004 and are questioning the company's worker severance practices. 

By Nate Delesline III • July 11, 2023

Retail defaults set to jump this year, Moody’s says

Retailers without adequate financial cushion are especially vulnerable amid weak consumer spending and elevated costs, the analysts said.

By Daphne Howland • July 11, 2023

How Lunya’s bet on brick and mortar contributed to its bankruptcy

The direct-to-consumer brand flourished — and expanded — during the pandemic. But for the last year, it's been losing $135,000 a month on stores.

By Dani James • July 10, 2023

Tuesday Morning moves to convert its bankruptcy to Chapter 7

The half-century-old off-pricer, which exited a Chapter 11 process just two years before filing again this year, had already moved to liquidate.

By Daphne Howland • July 10, 2023

BuyBuy Baby stores likely closing after no buyers step forward

But the retailer’s brand name will probably live on after a New Jersey-based company bid on its intellectual property.

By Nate Delesline III • July 7, 2023

Christmas Tree Shops to shutter 72 remaining stores

Liquidation sales have already begun as the 1950s-era business winds down its footprint in bankruptcy.

By Cara Salpini • July 7, 2023

The Weekly Closeout: Snoop Doggie Doggs adds wholesale partners as the FTC takes on sponsored posts

The celebrity pet brand can now be found at retailers like Kohl’s and Petco, while the FTC is cracking down on deceptive endorsements and reviews.

By Retail Dive Staff • July 7, 2023

Christmas Tree Shops plans to liquidate if it can’t find a buyer

The retailer defaulted on its bankruptcy loan terms and will have to close all of its stores if it doesn't secure a buyer by the end of this week.

By Nate Delesline III • July 5, 2023

BuyBuy Baby gets a bid from one of its vendors

Dream on Me, which runs a direct-to-consumer business and sells baby gear through the Bed Bath & Beyond-owned retailer, is a stalking horse bidder, according to bankruptcy court documents.

By Daphne Howland • June 30, 2023

Overstock to rebrand itself as Bed Bath & Beyond

The online-only retailer is moving quickly to remake itself with a name it says better resonates with customers and vendors.

By Nate Delesline III • June 29, 2023

Forman Mills avoids bankruptcy thanks to acquisition by Shoppers World

The warehouse-style discounter recently laid off hundreds of employees and warned it might have to file for Chapter 11 if it couldn’t find a buyer.

By Daphne Howland • June 26, 2023

Overstock wins Bed Bath & Beyond IP at auction with $21.5M bid

The bid gives Overstock ownership of Bed Bath & Beyond’s internet properties, social media, mobile platforms, business data, publicity rights and trademarks.

By Nate Delesline III • June 22, 2023

Shoe company Rockport files for bankruptcy for second time in 5 years

The company says high overhead costs and weakened demand for its core products due to the COVID-19 pandemic contributed to an untenable financial situation.

By Nate Delesline III • June 15, 2023

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

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