UPDATE: Barnes & Noble to Buy Bankrupt Books Inc.
[Update as of Sept. 5, 2025] After filing for bankruptcy in January, 174-year-old Books Inc. has requested court…
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Kirkland’s Rebrands as it Settles into Role as Beyond Inc.’s Brick-and-Mortar Operator
Specialty retailer Kirkland’s plans to change its name to The Brand House Collective and has outlined plans for…
News June 18
Serta Simmons Bedding Files for Bankruptcy as Part of Agreement With Lenders
Serta Simmons Bedding (SSB) has filed for Chapter 11 bankruptcy at the U.S. Bankruptcy Court for the Southern…
News January 25
Alibaba Separates International and Domestic Commerce Operations, Names New CFO
Alibaba Group has reorganized its consumer and wholesale commerce divisions and named current Deputy CFO Toby Xu to…
News December 7Bed Bath & Beyond To Eliminate 2,800 Jobs In Cost-Cutting Reorganization
Bed Bath & Beyond is accelerating its restructuring plan with the layoffs of 2,800 employees at both the…
News August 26
Office Depot Taps Former Lenovo EVP Gerry P. Smith As CEO
Office Depot has appointed Gerry P. Smith as CEO. Smith will succeed current CEO Roland Smith (no relation),…
News January 31
Office Depot CEO Roland Smith To Retire In 2017 As Exec Committee Reorganizes
Roland Smith, the CEO of Office Depot, plans to retire from his position at the end of Q1…
News August 22Aéropostale Forced To Seek Buyer As Reorganization Is ‘Not Feasible’
Aéropostale, the latest of several teen retailers that filed for Chapter 11 bankruptcy protection in May, is unlikely…
News July 20Borders To Honor Loyalty Program And Gift Cards Through Bankruptcy
Borders has filed Chapter 11 bankruptcy but says “business operations continue as normal,” in a statement posted on…
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