Major US retailers announced more than 7,300 store closures last year, up 57% from 2023, according to Coresight Research. That’s the highest annual number of closed stores since 2020, when the ...
The year witnessed an ex-judge’s ethics scandal, the landmark Purdue Pharma ruling, the growing influence of private credit and the continued dominance of liability management transactions.
After 46 years in business, Coppell-based The Container Store has filed for Chapter 11 bankruptcy protection while it ...
These retail stores and restaurant chains might not be around next holiday season. See which chains filed for bankruptcy or ...
Big Lots said Friday it will be sold to Gordon Brothers Retail Partners, a firm that specializes in distressed companies.
The retail laggards are stuck with high costs and declining revenues as they burn through dwindling cash piles.
Big Lots struggles come amid a challenging retail environment leading to The Container Store filing for bankruptcy protection ...
Bankrupt discount retail chain Big Lots says it will be able to keep hundreds of its stores open after executing a strategic ...
Party City Holdco Inc., the one-stop-shop for all things celebration, is calling it a wrap. The company’s 700 stores are ...
The retailer was the third major chain to declare bankruptcy last week, joining Woodcliff Lake-based Party City as well as ...
Another one bites the dust. Big Lots, a company with 870 stores and about 30,000 employees, is going out of business after 57 years. Post-pandemic inflation could be a factor ...
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