Distressed Retail
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Daphne Howland/Retail Dive
Overstock wins Bed Bath & Beyond IP at auction with $21.5M bid
The bid gives Overstock ownership of Bed Bath & Beyond’s internet properties, social media, mobile platforms, business data, publicity rights and trademarks.
By Nate Delesline III • June 22, 2023 -
Shoe company Rockport files for bankruptcy for second time in 5 years
The company says high overhead costs and weakened demand for its core products due to the COVID-19 pandemic contributed to an untenable financial situation.
By Nate Delesline III • June 15, 2023 -
Explore the Trendline➔
Courtesy of GoodwillFinds.com
TrendlineRetail Dive's outlook on 2023
A look at retail trends and forecasting for what retailers can expect in a year of economic uncertainty.
By Retail Dive staff -
Daphne Howland/Retail Dive
Overstock bids $21.5M for Bed Bath & Beyond’s intellectual property
Competing bids for Bed Bath & Beyond, which is liquidating in Chapter 11, are due Friday.
By Nate Delesline III • June 13, 2023 -
Permission granted by Instant Brands
Instant Pot parent company files for Chapter 11 bankruptcy
The Illinois-based company owes tens of millions to suppliers, but plans to stay in business, according to federal court filings.
By Nate Delesline III • June 13, 2023 -
"BuyBuy Baby at South Edmonton Common." by Rowanlovescars is licensed under CC BY-SA 4.0 / Edited by Own work/Retail Dive
BuyBuy Baby could get bought as buyers express interest
The retailer may not disappear if one of several bidders, including Babylist, acquires its digital brand or brick-and-mortar locations.
By Nate Delesline III • June 6, 2023 -
Christmas Tree Shops files for Chapter 11
The New England-based discount retailer owes vendors millions and is asking a court for permission to close about 10 stores.
By Nate Delesline III • May 9, 2023 -
Daphne Howland/Retail Dive
Bed Bath & Beyond owes over $95M to these 14 vendors in its supply chain
The bankrupt retailer has big trade debts to numerous suppliers as well as transportation and other service providers.
By Ben Unglesbee • May 5, 2023 -
Joe Raedle via Getty Images
Toys R Us specter looms over Bed Bath & Beyond
The home-goods retailer’s mixed signals remind some of Toys R Us. The toy retailer filed to reorganize in 2017, only to liquidate its U.S. operations months later.
By Maura Webber Sadovi • May 2, 2023 -
"Tuesday Morning at the Sunset Esplanade in w:Hillsboro, Oregon." by M.O. Stevens is licensed under CC BY 4.0
Tuesday Morning is going out of business after 49 years
The discount retailer is working to close its remaining stores after a federal bankruptcy judge approved Hilco Global's $32 million offer.
By Nate Delesline III • May 1, 2023 -
Revlon, ready to exit Chapter 11, fills incoming board with former beauty retail execs
The cosmetics company says it will emerge from bankruptcy some time this week, under private ownership of several private equity firms.
By Daphne Howland • May 1, 2023 -
Daphne Howland/Retail Dive
Gap lays off 1,800 employees amid major restructuring
The massive downsizing is part of an effort to peel away management layers and slash expenses.
By Daphne Howland • April 27, 2023 -
These retailers stand to gain customers and sales as Bed Bath & Beyond disappears
Walmart, Amazon and especially Target have already been taking market share from the struggling home goods retailer for quite some time.
By Daphne Howland • April 25, 2023 -
Nate Delesline III/Retail Dive
Party City to close 9 more stores as it preps to go private
The party merchandise retailer said the pandemic “consumed vital liquidity” and contributed to the decision to seek Chapter 11 protection.
By Nate Delesline III • April 24, 2023 -
Daphne Howland/Retail Dive
Bed Bath & Beyond, finally in Chapter 11, is going out of business
The struggling home goods retailer has been searching for a buyer since last year to no avail, and, after much delay, filed for bankruptcy Sunday.
By Daphne Howland • April 24, 2023 -
Courtesy of Skechers
ColumnThe Weekly Closeout: Nike releases first virtual collection and Skechers partners with Mr. T
The athletics retailer is unveiling its first digital collection since launching the .Swoosh platform, while the footwear brand is embracing the “t” in Skechers.
By Retail Dive Staff • April 21, 2023 -
Daphne Howland/Retail Dive
Why hasn’t Bed Bath & Beyond filed for bankruptcy yet?
The struggling home goods retailer has been pulling all kinds of levers, leaving many to wonder why it hasn’t sought Chapter 11 protection by now.
By Daphne Howland • April 20, 2023 -
Kaarin Vembar/Retail Dive
David’s Bridal owes $27.5M to vendors as it charts course in bankruptcy
The wedding apparel retailer owes millions to the joint venture that procures the bulk of its merchandise outside North America.
By Ben Unglesbee • April 20, 2023 -
David’s Bridal is prepared to liquidate if it can’t find a buyer
Even if the retailer does stay in business under new ownership, it’s likely to shrink its fleet of nearly 300 stores.
By Daphne Howland • April 18, 2023 -
David’s Bridal takes another walk down the bankruptcy aisle
The bridal retailer launched several initiatives since exiting Chapter 11 four years ago, but the pandemic and the economy have taken a toll.
By Daphne Howland • April 17, 2023 -
Courtesy of Netflix
ColumnThe Weekly Closeout: Lacoste partners with Netflix and is David’s Bridal considering bankruptcy?
The fashion brand is releasing a collection based on “Bridgerton” and other shows, while the wedding retailer could be looking at a Chapter 22.
By Retail Dive Staff • April 14, 2023 -
zefart via Getty Images
Catalog retailer AmeriMark Interactive files for bankruptcy
The company, which also operates through e-commerce, saw total revenue drop by about $375 million in 2022 compared to the year before.
By Dani James • April 13, 2023 -
Daphne Howland/Retail Dive
With suppliers still wary, Bed Bath & Beyond banks on $120M consignment deal
One analyst calls it “way too late and beyond a desperate move.”
By Ben Unglesbee • April 10, 2023 -
Nate Delesline III/Retail Dive
Shoe City files for Chapter 11 bankruptcy
The retailer plans to liquidate its 39 stores by the end of next month, citing an inability to repay creditors.
By Nate Delesline III • April 7, 2023 -
Bruce Bennett via Getty Images
Bed Bath & Beyond faces lawsuit over Harmon layoffs
A former store manager says the company violated state and federal law by failing to give proper notice under the WARN Act.
By Nate Delesline III • April 5, 2023 -
Revlon will wipe out $2.7B in debt as it exits bankruptcy later this month
The cosmetics giant will leave Chapter 11 as a private company in coming weeks, with $285 million in fresh liquidity and $1.5 billion in debt.
By Daphne Howland • April 4, 2023
