L’Occitane Files for Chapter 11, Will Close 23 U.S. Stores
L’Occitane has filed for Chapter 11 bankruptcy and will close at least 23 of its 166 U.S. stores,…
News January 26
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Francesca’s to Exit Bankruptcy With Half its Remaining Stores Following $18 Million Acquisition
Francesca’s has received bankruptcy court approval to sell its remaining business to investment firms TerraMar and Tiger Capital…
News January 25
Southeastern Grocers Debuts IPO
Southeastern Grocers — parent company of BI-LO, Fresco y Más, Harveys Supermarket and Winn-Dixie — has launched an…
News January 21
Guitar Center Plans Bankruptcy Exit by Year End
Guitar Center will emerge from Chapter 11 bankruptcy by Dec. 31 under a plan that has been confirmed…
News December 21
JCPenney Completes Sale to Simon and Brookfield, Exits Bankruptcy
JCPenney has completed its previously announced sale to mall operators Simon Property Group and Brookfield Asset Management, which…
News December 9
Francesca’s to Shutter an Additional 97 Stores
Following its recent filing for Chapter 11 bankruptcy protection, Francesca’s will shutter an additional 97 stores. The apparel…
News December 8
Francesca’s Enters Chapter 11 Bankruptcy to Pursue a Sale
Francesca’s has filed for Chapter 11 bankruptcy protection as the ailing retailer seeks a sale of both its…
News December 7
Retail Ecommerce Ventures Acquires Stein Mart for $6.02 Million
Retail Ecommerce Ventures (REV) has added Stein Mart to its growing portfolio of once-struggling brands relaunched as ecommerce…
News December 2
Francesca’s to Close 140 Stores as Retailer Eyes Potential Bankruptcy Filing
Francesca’s plans to close approximately 140 stores by Jan. 30, 2021, according to a filing with the Securities…
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