Bankruptcy

Articles on bankruptcy in the retail industry.

  1. Channel: Drug

Rite Aid To Close All Stores Following Chapter 11 Bankruptcy. Here’s a Full List of Affected Locations

Rite Aid filed for bankruptcy for a second time earlier this month. Despite the store’s promise to remain open despite the filing, the retailer has announced that it will be closing all locations remaining in its inventory. Here’s a full list of affected locations. A Full List of Closing Rite Aid Locations According to Newsweek, […]
3 min read
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  1. Channel: Drug

Monday Eye Openers

With brief, occasional, italicized and sometimes gratuitous commentary… •  Buyers Line Up To Acquire Rite Aid Assets From Forbes: “CVS Health, Walgreens and grocery store chains Kroger and Albertsons are among the pharmacy operators buying more than 1,000 Rite Aid pharmacy assets from stores to prescription files, the company confirmed. “It’s a going out of […]
2 min read
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  1. Channel: Drug

Rite Aid Is Selling 1,000 Stores to Competitors, Including CVS and Walgreens

Defunct pharmacy chain Rite Aid is offloading assets, including over 1,000 stores. Seeing an opportunity, several other retailers, including longtime rivals, are lining up to buy them. So far, CVS Pharmacy is taking the lion’s share. The top drugstore chain in the country wants 625 Rite Aid pharmacies across 15 states as well as 64 […]
2 min read
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  1. Department & Category

Carrefour Deploys Supply Chain Platform to Beef Up Sustainable Sourcing

Carrefour Global Sourcing (CGS), part of the Carrefour S.A. Group, will support its responsible sourcing initiatives with the TradeBeyond CBX platform, which is designed to strengthen supplier management and improve risk assessment and auditing to help ensure compliance with Europe’s sustainability laws. Carrefour operates more than 14,000 hypermarkets, grocery stores and convenience stores around the […]
< 1 min read
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  1. CPG: Food

Chuck E. Cheese Is Offering Its New Dippin’ Dots Flavor for Free on May 14

Chuck E. Cheese is unveiling a new Dippin’ Dots flavor and offering its customers the chance to try it for free for one day only. Per a company press release, Chuck E.’s Cookie Crunch is a brand-new flavor exclusively available at Chuck E. Cheese restaurants around the country thanks to a partnership between the entertainment […]
2 min read
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  1. Channel: Drug

Walgreens Committed to Supporting Rite Aid Customers and Employees

DEERFIELD, Ill.–(BUSINESS WIRE)–In light of Rite Aid’s recent bankruptcy filing, Walgreens is committed to assisting Rite Aid customers and employees who are impacted by store closures in their local community. For customers who want to transfer their prescriptions to Walgreens: We recognize the trust patients have placed in their Rite Aid pharmacists, and Walgreens is […]
< 1 min read
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  1. Stores & Formats

Rite Aid blames latest bankruptcy on retail operations

​[[“value”:” This audio is auto-generated. Please let us know if you have feedback. For its 2023 bankruptcy, which ended last fall, Rite Aid blamed macroeconomic factors and business challenges arising from the pandemic. For its 2025 bankruptcy, which commenced Monday, the drugstore chain says its front-of-store retail operations are largely at fault. In a letter […]
4 min read
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  1. Channel: Delivery

Wednesday Eye-Openers

With brief, occasional, italicized and sometimes gratuitous commentary… •  DoorDash To Acquire Deliveroo From the New York Times: “DoorDash announced two deals worth billions of dollars on Tuesday, saying it has agreed to acquire Deliveroo, the British food delivery company, and SevenRooms, a platform used by hotels and restaurants to manage reservations and marketing. “The […]
5 min read
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  1. Channel: Ecommerce & Digital

The Innovation Conversation:  Putting Words In Andy Jassy’s Mouth

A few weeks ago, on the occasion of Amazon CEO Andy Jassy’s annual letter to shareholders, it was suggested here on MNB that after all these years, what Jassy really ought to do is write a letter to customers.  Some of the subjects would be the same but the framing and context would be different. […]
8 min read
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  1. Corporate Finance

The Container Store lays off 2% of workforce, pauses capital projects

​[[{“value”:” Dive Brief The retailer, which exited bankruptcy in the new year, is working on a turnaround with less debt and a more streamlined operation. Published April 22, 2025 • Updated 2 hours ago The Container Store cited soft consumer demand in previous earnings reports, before the Trump administration’s latest rounds of tariffs. Courtesy of The […]
< 1 min read
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  1. Corporate Finance

Franchise Group Sells Vitamin Shoppe to Private Equity Firms

The Vitamin Shoppe has been sold to Kingswood Capital Management and Performance Investment Partners in a deal that Bloomberg Law has valued at $193.5 million. The acquisition of the health and supplements retailer, which operates more than 650 stores, is expected to close later in Q2 2025. In November 2024 Vitamin Shoppe’s parent company Franchise […]
< 1 min read
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  1. Media & Marketing

Forever 21 creditors probe IP sale to Authentic Brands Group

​[[{“value”:” The brand management firm quietly took full ownership of the retailer’s trademarks and intellectual property licenses some time in the last five years. Published April 15, 2025 Forever 21, which has struggled since its previous bankruptcy in 2020, plans to close all of its stores by May 1. “Forever 21” by Mike Mozart is […]
< 1 min read
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  1. Channel: Dollar/Value

Big Lots stores begin to open under new ownership

​[[{“value”:” Dive Brief Variety Wholesalers will commence the first wave of openings Thursday, where customers will find remodeled stores and new merchandise categories. Published April 7, 2025 By Tatiana Walk-Morris A Big Lots store. Variety Wholesalers acquired 219 locations out of bankruptcy. “Big Lots” by Mike Mozart is licensed under CC BY 2.0 “}]] 
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  1. Department: Consumer Durables

Small Business, Big Ideas: Amid Historic Disruption in Off-Price, This Family-Owned Overstock Wholesaler is Reinventing the Game

This story is part of Retail TouchPoints’ ongoing “Small Business, Big Ideas” series, focusing on smaller retail brands that have found big success and have even bigger ambitions. Norman Nardick, Founder of The Bazaar and grandfather of current CEO Bradley Nardick. Back in 1960, before terms like “off-price” and “closeout” were commonplace, decorated World War […]
7 min read
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  1. Acquisitions, Divestitures & Mergers

Saks to Keep Dallas Neiman Marcus Open Through 2025 Holidays, Explore ‘Reimagination’ of Historic Retail Site

Just in the nick of time, Saks Global has announced a detente in the dramatic saga of the historic Neiman Marcus in downtown Dallas. Saks — which finalized its acquisition of Neiman Marcus Group in December 2024 — had announced in February 2025 that the store would close on March 31 following an ongoing lease […]
2 min read
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  1. Technology & Innovation

Why Amazon Can’t Crack Grocery and the Rise of Social Commerce with Jason Goldberg, Chief Commerce Strategy Officer at Publicis (Part 2)

In the latest episode of Remarkable Retail, hosts Michael LeBlanc and Steve Dennis kick off with a roundup of the week’s most impactful retail news. They dive into the potential liquidation of Hudson’s Bay Company, examining the challenges the iconic retailer faces amid financial turbulence. With speculation swirling around the sale of HBC’s heritage Stripes […]
3 min read
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  1. Corporate Strategy

Container Store CEO Out Following Tumultuous 6 Months

Less than two months after emerging from bankruptcy, The Container Store’s top executive — CEO Satish Malhotra — has stepped down, according to an internal memo from board chair Joel Bines that was obtained by multiple news outlets. Malhotra, who has led the retailer since 2021 after more than two decades at Sephora, will be […]
2 min read
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  1. Data & Insights

Is Your Store Giving Customers a Reason to Visit?

Is your store still just a place to buy things, or have you transformed it into an experience your customers can’t resist? This week we are exploring innovative approaches to driving foot traffic and boosting sales in today’s challenging retail environment. From creating immersive in-store experiences that shoppers can’t get online to creative team contests […]
4 min read
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  1. Trends & External Forces
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  5. Trends & External Forces

Charted: How Do U.S. Universities Make Their Money?

See this visualization first on the Voronoi app. Use This Visualization Charted: How Are American Universities Funded? This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources. Key Takeaways More than half of American public college and […]
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  1. Channel: Delivery
  2. Channel: Ecommerce & Digital
  3. Corporate Strategy
  4. Media & Marketing
  5. Data & Insights
  6. Technology & Innovation

Week in Review: Instacart CEO heads to OpenAI

Welcome back to Week in Review! We’ve got lots of news for you this week: There were CEO shake-ups at Instacart and 11x; the web series is back — kind of; Threads is getting video ads; and much more. Let’s get to it! Big move: Instacart CEO Fidji Simo will become OpenAI’s CEO for Applications, […]
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  1. Technology & Innovation
  2. Channel: Ecommerce & Digital
  3. Channel: Mass
  4. Acquisitions, Divestitures & Mergers
  5. Corporate Strategy
  6. Corporate Finance
  7. Corporate Purpose
  8. Media & Marketing
  9. Data & Insights
  10. International
  11. Technology & Innovation
  12. Trends & External Forces
  13. Retail Operations
  14. Associates & Employees
  15. Operations & Supply Chain
  16. Stores & Formats

What’s next for Instacart as CEO Fidji Simo announces decision to join OpenAI as head of applications?

Instacart CEO Fidji Simo is departing the grocery technology company to join OpenAI as its Chief of Applications. In an email to employees, she said: “Let me start by saying this was an incredibly hard decision because I love this company. We are operating incredibly well as our last earnings results have shown. Our strategy […]
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  1. Technology & Innovation
  2. Channel: Dollar/Value
  3. Channel: Grocery
  4. Channel: Mass
  5. Department & Category
  6. Department: Nonfood
  7. Corporate Strategy
  8. Media & Marketing
  9. Data & Insights
  10. Shopper & Customer
  11. Technology & Innovation
  12. Trends & External Forces
  13. Retail Operations
  14. Merchandising
  15. Operations & Supply Chain
  16. Stores & Formats

Personalized Disruption: Grocery’s Secret to Breaking Old Habits

There’s no shortage of talk about technology that’s going to redefine, dominate, or transform retail this year. Much of this language boils down to marketing speech, and often, true industry disruption fails to materialize. There is no shortage of tech hyperbole in retail. But then there’s the occasional exception — a technology that genuinely does […]
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  1. Shopper & Customer
  2. Department: Nonfood
  3. Media & Marketing
  4. Data & Insights
  5. Shopper & Customer
  6. Technology & Innovation
  7. Trends & External Forces
  8. Holiday & Events
  9. Operations & Supply Chain

State of the Consumer Report

[Week of May 9] Timely insights on consumer behavior, pricing, and retail trends This weekly snapshot highlights the most relevant signals shaping where and how consumers are spending—from e-commerce and inflation shifts to essential vs. discretionary demand. What you’ll get from this week’s report: Cross-border e-commerce slowdown: Learn how tariff pressures are reshaping sales trends […]
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