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
Latest In: bankruptcy
Vitamin Shoppe Parent Company Franchise Group Enters Chapter 11, Plans to Close American Freight
Franchise Group has filed for Chapter 11 bankruptcy as part of a restructuring agreement with its primary lenders…
News November 4
Big Lots Looks to Bolster Lagging Sales with New Affiliate Program
Big Lots is moving full steam ahead despite its recent bankruptcy filing and sale. In addition to bringing…
News September 26
Rite Aid ‘Marks a New Beginning’ as Private Company with Emergence from Bankruptcy, New CEO
Rite Aid has successfully completed its financial restructuring and emerged from Chapter 11 as a private company. The…
News September 4
Party City Names New CEO as Turnaround Continues
Party City has appointed Barry Litwin as President and CEO as the company continues to eke its way back from…
News August 14
Boxed.com Relaunches Under New Ownership
Bulk essentials retailer Boxed.com has been relaunched by online wholesale retailer MSG Distributors, which acquired the brand out…
News July 24
Following Bankruptcy, Joann Looks to Broaden its Appeal with ‘Jo-And’ Campaign
Known primarily as a sewing and fabric destination, Joann is looking to broaden its appeal by highlighting its…
News June 28
UPDATE: Amazon Aggregator and Former ‘Unicorn’ Thrasio Exits Bankruptcy, Names New CEO
[Update as of June 26, 2024] Amazon aggregator Thrasio has emerged from bankruptcy a little over three months…
News June 25
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…
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