bankruptcy

The lifeline would allow the company to continue operating while it puts together a recovery plan. (Photo by Noam Galai/Getty Images)

Neiman Marcus in talks about possible bankruptcy: report

Luxury retailer Neiman Marcus Group is reportedly considering filing for bankruptcy as it struggles with $4.3 billion in debt....

Neiman Marcus in talks about possible bankruptcy: report

Modell's CEO Mitch Modell and a Modell's Sporting Goods store in New York (Modell by Sean Zanni/Patrick McMullan via Getty Images; Store by Ajay Suresh via Wikipedia Commons)

Modell’s Sporting Goods prepares to file for bankruptcy

Modell’s Sporting Goods appears poised to become the latest major retailer to file for bankruptcy. The 130-year-old athletic gear...

Modell’s Sporting Goods prepares to file for bankruptcy
Pier 1 store (Credit: Google Maps)

Pier 1 files for bankruptcy, seeks sale

Pier 1 Imports is officially bankrupt, more than a month after the retailer began closing hundreds of stores. The Texas-based home goods chain, which filed for Chapter 11 bankruptcy Monday in the Eastern District...

Pier 1 files for bankruptcy, seeks sale
Forever 21 CEO Do Won Chang (Credit: Getty Images)

Bankrupt Forever 21 seeks auction with hopes of keeping business alive

Bankrupt fashion retailer Forever 21 asked a court to approve an auction, an option it hopes would keep it...

Bankrupt Forever 21 seeks auction with hopes of keeping business alive
From left: Taubman's Robert Taubman, Macerich's Thomas O'Hern and Simon Property Group's David Simon (Credit: Getty Images) 

Mall landlords’ stocks plunge as REIT eyes bankrupt Forever 21

The news that Simon Property Group could buy bankrupt retailer Forever 21 has cost the mall landlord nearly $2...

Mall landlords’ stocks plunge as REIT eyes bankrupt Forever 21
Lucky’s Market (Credit: Google Maps)

Lucky’s Market files for Ch. 11 bankruptcy

Talk about bad luck. Lucky’s Market filed for Chapter 11 bankruptcy protection and has reached an agreement with Aldi...

Lucky’s Market files for Ch. 11 bankruptcy
A Forever 21 location (Credit: Getty Images, iStock)

Bankrupt Forever 21 seeks more time to sell on its own terms

Since Forever 21’s bankruptcy filing in September, the discount retailer has made itself more appealing to buyers by slashing...

Bankrupt Forever 21 seeks more time to sell on its own terms
A report found that 45 percent of retailer bankruptcies over the past 15 years led to liquidation (Credit: iStock)

For retailers, bankruptcy more likely to end in liquidation

Nearly half of the major retailers that filed for bankruptcy protection over the past 15 years eventually shuttered all...

For retailers, bankruptcy more likely to end in liquidation
(Credit: iStock)

It’s over for Barneys: Luxury retailer to be sold, stores closed

It’s official: Barneys will be sold to Authentic Brands Group and B. Riley for about $270 million. The deal,...

It’s over for Barneys: Luxury retailer to be sold, stores closed
Forever 21 owes these five mall owners $20.9 million, bankruptcy court records show.

For mall owners like Simon, Brookfield and Vornado, Forever 21 bankruptcy signals more trouble ahead

When South Korean immigrants Jin Sook and Do Won Chang landed at Los Angeles International Airport in 1981, they had nothing. The couple eventually...

For mall owners like Simon, Brookfield and Vornado, Forever 21 bankruptcy signals more trouble ahead
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