bankruptcy

Tuesday Morning Files for Bankruptcy, Again, as it Seeks to Address ‘Burdensome Debt’

Tuesday Morning has filed for Chapter 11 bankruptcy for the second time since 2020 in order to help reduce its outstanding liabilities…

Bed Bath & Beyond Staves off Bankruptcy with $1 Billion Capital Infusion

Bed Bath & Beyond has secured investor backing for more than $1 billion in capital, delaying a potential bankruptcy filing. The retailer…

Bed Bath & Beyond Defaults on Loan as Potential Bankruptcy Looms

Bed Bath & Beyond doesn’t have enough cash to pay down its debts and has defaulted on its credit line with JPMorgan…

Serta Simmons Bedding Files for Bankruptcy as Part of Agreement With Lenders

Serta Simmons Bedding (SSB) has filed for Chapter 11 bankruptcy at the U.S. Bankruptcy Court for the Southern District of Texas. The…

CNBC: Bed Bath & Beyond Looks For Loan or Potential Sale to Keep Afloat

Bed Bath & Beyond is reportedly in discussions with both prospective buyers and lenders as it seeks to keep itself operational during…

Party City Files for Bankruptcy, Secures $150 Million Loan as it Seeks to Overcome Mounting Debt

Party City Holdco Inc. (PCHI) has filed for Chapter 11 bankruptcy protection and entered into an agreement with an ad hoc group…

Tuesday Morning Appoints New CEO and COO

Tuesday Morning, the off-price home goods retailer, has appointed Andrew T. Berger to lead the company as CEO. He replaces Fred Hand,…

Forever 21 Continues U.S. Expansion with Plans for 14 New Locations

Fast fashion retailer Forever 21 will add 14 new stores to its roster across the U.S. through June 2023. Forever 21 started…

Sears Reaches $175 Million Settlement With Lampert, Clearing Way to Complete Bankruptcy

Sears Holdings and its creditors have reached a $175 million settlement agreement with former CEO Eddie Lampert and other investors that will…

Ron Johnson’s Enjoy Technology Files for Bankruptcy, Set to be Sold

Back in 2016, Ron Johnson was asked in a fireside chat at Shoptalk about the biggest mistake he had ever made. His…

Report: Frasers Group Acquires Missguided for $25.1 Million

UK-based Frasers Group, parent company of Sports Direct, House of Fraser and Flannels, has reportedly acquired digital fashion retailer Missguided for $25.1…

Mattress Firm Files for IPO 6 Years After Going Private

Mattress Firm has publicly filed for an IPO that will return the furniture retailer to the public markets six years after South…

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