retail bankruptcies


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Retail bankruptcies are on pace to surpass those filed in 2010, while store closings have already passed those from 2019, according to a report (Getty)
National

Retail bankruptcies on pace to rival 2010: report

It’s been a difficult year for retailers, and things may get worse before they get better: The number of...

Retail bankruptcies on pace to rival 2010: report
Neiman Marcus at Hudson Yards and Geoffroy van Raemdonck (Getty)
National

Neiman Marcus exits bankruptcy $4B lighter

Neiman Marcus has emerged from bankruptcy just four and a half months after it entered the Chapter 11 restructuring process. The court-led process erased $4 billion in debt that the distressed retailer was holding,...

Neiman Marcus exits bankruptcy $4B lighter
Brookfield’s Ric Clark and Simon Property Group’s David Simon (Getty)
National

Simon, Brookfield in talks to buy bankrupt J.C. Penney

Simon Property Group and Brookfield Property Partners are reportedly in advanced talks about buying J.C. Penney’s retail business. J.C....

Simon, Brookfield in talks to buy bankrupt J.C. Penney
Authentic Brands Group CEO Jamie Salter and Simon Property Group CEO David Simon with Brooks Brothers (Getty)
National

Bankrupt Brooks Brothers gets $305M stalking-horse bid

A familiar team is vying for the bankrupt men’s clothier Brooks Brothers Group. An entity backed by Authentic Brands...

Bankrupt Brooks Brothers gets $305M stalking-horse bid

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