Latest In: bankruptcy

bankruptcy court approval joann new financing public to private restructuring
Joann homepage after the retailer swiftly emerged from bankruptcy.

Joann Ready to Reemerge from Bankruptcy as Private Company

Crafting retailer Joann expects to emerge from bankruptcy in the next few days, a little over one month…

News April 29
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Matchesfashion homepage

Frasers to Shutter Matchesfashion Just Months After Acquisition

Frasers Group is shutting down luxury ecommerce site Matchesfashion just three months after acquiring the business, saying in…

News March 8
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Screenshot of current Zulily homepage.

Beyond Acquires Zulily, Plans to Revive Brand in Q2

Beyond, Inc. — parent company of Bed Bath & Beyond and Overstock.com — has acquired the intellectual property of defunct flash-sale retailer Zulily,…

News March 7
bankruptcy financial news z gallerie
Z Gallerie has filed for bankruptcy a third time, citing “severe liquidity constraints” due to underperforming stores and macro issues.

UPDATE: Karat Home Purchases Z Gallerie, Relaunches Ecommerce Site

[Update from 2/20/2024] Karat Home has purchased Z Gallerie out of bankruptcy for $7.2 million. The Fort Worth-based…

News February 20
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Rite Aid has filed for bankruptcy.

Rite Aid Names New CEO as it Officially Enters Bankruptcy

Update 10/19/23 — Rite Aid plans to close 154 underperforming stores as part of its bankruptcy, according to…

News October 16
acquisitions bankruptcy bed bath & beyond ecommerce Overstock.com

UPDATE: Overstock.com Renames Website Following Bed Bath & Beyond Deal

AUG. 1 UPDATE: The new Bed Bath & Beyond website has launched following Overstock’s acquisition of the retailer’s…

News August 1
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UPDATED: Dream on Me Acquires BuyBuy Baby’s Trademark, Digital Assets and 11 Store Leases

JULY 26, 2023 UPDATE: Dream on Me has confirmed that it has purchased the rights to 11 BuyBuy…

News July 13
bankruptcy Christmas Tree Shops liquidation store closings

Christmas Tree Shops Could Liquidate if No Buyer Materializes

Christmas Tree Shops is planning to liquidate and close all of its stores if it can’t find a…

News July 6
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Updated: Overstock, Sixth Street Place Bids for Bed Bath & Beyond’s IP

Overstock.com has reportedly placed a $21.5 million stalking horse bid for some of Bed Bath & Beyond’s assets,…

News June 16
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