Judge Approves $1 Billion Bankruptcy Loan after Saks Global Addresses Vendors’ Concerns
[Update as of Feb. 23, 2026] U.S. Bankruptcy Judge Alfredo Perez has approved $1 billion in new funding…
News February 23
Latest In: bankruptcy filing
Amazon Takes Issue with Saks Global Bankruptcy
[Update as of January 15, 2026] A judge has approved Saks Global‘s request for $400 million in rescue…
News January 15
Judge Invalidates Ashley Stewart Bankruptcy Filing
On Dec. 17, plus-size fashion retailer Ashley Stewart filed for bankruptcy in the U.S. Bankruptcy Court for the…
News December 31
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The Store Manager Bottleneck: Why Execution Is Retail’s Hidden Margin Killer
In today’s retail environment, store managers are no longer “just” operators. They are culture carriers, translators of strategy, problem solvers, and the primary architects of the customer experience. Every corporate…
June 1
UPDATE: Big Lots Sale to Investment Firm Approved, Paving the Way for a ‘New Phase’
[Update from Nov. 26, 2024] Big Lots has received court approval for the sale of all of its…
News November 26
WHP, Simon, Brookfield Unite Under Phoenix Retail Banner to Acquire Express
The new joint venture between brand management firm WHP Global and mall owners Simon Property Group, Brookfield Properties and Centennial Real…
News June 17
Esprit Files for Bankruptcy in Europe, Again
Fashion brand Esprit has filed for insolvency in Europe citing “extremely high costs due to inflation, interest rates…
News May 17
Rue21 Files for Third Bankruptcy, Plans to Close all 500+ Stores
Seven years into its most recent comeback, teen fashion retailer Rue21 has filed for its third bankruptcy, citing…
News May 6
Express Files for Bankruptcy to Facilitate Sale to WHP
A consortium led by Toys ‘R’ Us owner WHP Global that includes mall operators Simon Property Group and…
News April 22Top Stories
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