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Latest In: restructuring

Orvis restructuring store closures
Orvis storefront

Orvis to Close 36 Locations by 2026

Citing tariffs, the Vermont-based outdoor gear company will focus on fly fishing and wingshooting, said company President Simon…

News October 9
home shopping live shopping livestreaming QVC QVC Group restructuring tiktok TikTok Shop transformation strategy
Sample of a before and after post from QVC on TikTok.

UPDATE: QVC Shift Toward Social Media Didn’t Stop the Bleeding in Q1

[Update as of May 9, 2025] QVC’s efforts to reframe its image for the digital era have yet…

News May 9
American Freight bankruptcy Buddy's Home Furnishings chapter 11 bankruptcy Franchise Group Pet Supplies Plus restructuring store closures the vitamin shoppe
American Freight store exterior

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
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Walgreens banner

Walgreens Outlines Turnaround Plans, Including ‘Significant’ Store Closures

Walgreens Boots Alliance (WBA) has cut its profit forecast for fiscal 2024 and plans to close “a significant…

News June 28
earnings report restructuring transformation strategy Under Armour
Under Armour has launched a restructuring to combat continuing declines in its business.

Under Armour Launches Restructuring Plan as Declines Continue

Under Armour announced plans for a restructuring following disappointing results in its fourth quarter and fiscal year 2024…

News May 17
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
bankrutpcy restructuring Rite Aid store closures
Rite Aid will close 31 additional stores as part of its bankruptcy.

UPDATE: Rite Aid Plans to Close Another 77 Stores in 2024

Update 3/4/2024: As part of its financial reorganization, Rite Aid plans to close an additional 77 stores this…

News March 4
business strategy cost-cutting DTC strategy earnings report layoffs Nike restructuring wholesale strategy
Nike has laid out plans to cut $2 billion in costs over the next three years.

Nike Plans to Cut $2 Billion in Costs; Layoffs Imminent as Strategy Pivot Continues

Nike has laid out a plan to cut up to $2 billion in costs over the next three…

News January 2
bankruptcy ceo appointment chapter 11 bankruptcy executive appointment opioid settlements restructuring Rite Aid
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
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