bankruptcy filing

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 assets and ongoing business…

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 Estate — formed for…

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 and energy prices, the…

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 “the continued growth of…

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 Brookfield Properties has offered…

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