Bankruptcy

Articles on bankruptcy in the retail industry.

  1. Department: Nonfood
Franchise Group has filed for Chapter 11 bankruptcy as part of a restructuring agreement with its primary lenders that will allow its three strongest banners — Pet Supplies Plus, The Vitamin Shoppe and Buddy’s Home Furnishings — to remain in operation. However, large durable goods retailer American Freight will be shut down as part of […]
  1. Retail Ecosystem
David’s Bridal has introduced Adored by David’s, a resale program that will be managed by Arrive Recommerce. Secondhand wedding, bridesmaid and special occasion dresses, along with accessories, will be available through a curated, dedicated online storefront at 40% to 50% savings. Arrive Recommerce will be responsible for receiving and inspecting inventory, assigning value and shipping […]
  1. Corporate Finance
Esprit has filed for bankruptcy protection for its U.S. subsidiaries, Esprit US Distributions Ltd. (USDS) and Esprit US Retail Inc. (USRI), according to Fashion United. The move follows Esprit’s bankruptcy filings for its European businesses in May 2024, for the second time in four years, citing “extremely high costs due to inflation, interest rates and […]
  1. Partnerships & Alt Profit
Financial services company Hilco Global and asset management firm TPG Angelo Gordon have formed a new joint venture (JV), with the goal of acquiring and financing consumer brands and IP in partnership with brand management firm Bluestar Alliance. Just last month, Bluestar acquired luxury streetwear brand Off-White from LVMH, and one of the JV’s first […]
  1. Corporate Finance
​[[{“value”:” Dive Brief The lenders, which include Stonehill Capital Management Partners and Alden Global Capital, are offering $63.8 million in debt relief and about $23.5 million in cash. Published Oct. 23, 2024 A Tupperware bowl filled with fruit. The company’s new owners said they plan to maintain retail, e-commerce and independent sales. Courtesy of Tupperware […]
  1. Stores & Formats
A little over a year after being acquired out of bankruptcy and reopening 11 physical stores, BuyBuy Baby has announced plans to become a digital-first brand and close all its brick-and-mortar locations by the end of this year, according to the retailer’s website. The brand was bought by baby care brand Dream on Me in July 2023 as […]
  1. Corporate Finance
Privately held hardware wholesaler True Value has filed for Chapter 11 protection in the U.S. Bankruptcy Court for the District of Delaware as it prepares to sell “substantially all” of its business operations to rival Do it Best Corp. During the reorganization process, the 75-year-old retailer will continue to operate its 4,500 stores, which are […]
  1. Corporate Finance
​[[{“value”:” Dive Brief The 75-year-old brand, whose stores are largely excluded from the bankruptcy, is seeking court approval to sell itself to rival Do it Best for $153 million. Published Oct. 15, 2024 A True Value freight truck. The company has about 4,500 independetly owned stores globally. Permission granted by True Value “}]] 
  1. Corporate Finance
The moment has finally arrived. You’ve connected with a retail buyer on RangeMe or at an ECRM Session, and after subsequent follow up meetings you’ve landed a large purchase order. All of the hard work – the numerous phone calls, emails, sending product samples out to various members of the retail organization – has finally […]
  1. Corporate Finance
​[[{“value”:” This audio is auto-generated. Please let us know if you have feedback. Dive Brief: Delta Apparel Inc., parent company of the Salt Life active apparel brand, was sold through a court sanctioned bankruptcy auction to brand management entity Iconix International and Hilco for $38.74 million on Sept. 16. The purchase includes the Salt Life […]
  1. Holiday & Events
With the unofficial start to the holiday shopping season (Amazon’s Fall Prime Day Oct. 8 and 9) just around the corner, and consumer confidence wobbly at best, Amazon isn’t the only retailer hoping to capture some early holiday spending next month. Target, Walmart, Best Buy, Big Lots and Michaels all have announced plans for early […]
  1. Holiday & Events
​[[{“value”:” This audio is auto-generated. Please let us know if you have feedback. It’s been another week with far more retail news than there is time in the day. Below, we break down some things you may have missed during the week and what we’re still thinking about.  From the U.S. Postal Service’s partnership with […]
  1. Trends & External Forces
In today’s digital age, more people than ever are turning to the internet to shop and conduct business. This shift has led to a significant increase in e-commerce businesses. However, just like any other business, online retailers face numerous risks and liabilities that necessitate having proper insurance coverage. Here, we’ll explore why insurance is vital […]
  1. Technology & Innovation
One of retail’s most insightful minds makes her triumphant return to the pod.  Sucharita Kodali, Forrester’s Principal Analyst, was our very first guest when we launched the podcast in September of 2020, and now she’s back to separate the hope from the hype on key topics like the important difference between e-commerce and digital commerce […]
  1. Channel: Dollar/Value
​[[{“value”:” Dive Brief The funding will allow the bargain-focused retailer to continue normal operations, including paying employees and vendors. Published Sept. 12, 2024 A Big Lots store. The retailer expects to use Chapter 11 to close stores and execute a sale to Nexus Capital Management. Courtesy of Big Lots “}]] 

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  1. Media & Marketing
  2. Channel: Mass
  3. Department: Consumer Durables
  4. Acquisitions, Divestitures & Mergers
  5. Corporate Strategy
  6. Media & Marketing
  7. Agencies & Vendors
  8. Data & Insights
  9. Shopper & Customer
  10. Technology & Innovation
  11. Trends & External Forces
  12. Retail Operations
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  14. Stores & Formats
When personalization works, it feels seamless. But when it misses—like receiving offers for products you’ve already bought or irrelevant recommendations—it creates a disconnect. Personalization is incredibly powerful when done right, yet many retail businesses today are falling short. In a 2024 study, Deloitte found that 80% of consumers prefer brands that offer personalized experiences, and […]
  1. Trends & External Forces
  2. Department & Category
  3. Corporate Finance
  4. Trends & External Forces
Mike Tyson’s latest KO move comes in the form of an investment in a plant-based QSR. In a press release on GlobeNewswire, through Carma HoldCo, Mike Tyson announced a strategic investment in Mr. Charlie’s Told Me So (TMS), a pioneering plant-based quick-service restaurant (QSR). This move comes as the plant-based food market is projected to exceed […]
  1. Retailer Media
  2. Partnerships & Alt Profit
  3. Media & Marketing
  4. Retailer Media
  5. Agencies & Vendors
  6. Retail Ecosystem
  7. Data & Insights
  8. Technology & Innovation
  9. Trends & External Forces
The CPG Guys are joined in this episode by Mark Baum, Chief Collaboration Officer at the Food Marketing Institute and Liz Buchanan, North America President of NielsenIQ. FMI & NielsenIQ are collectively performing a joint research along with Thinkblue LLC – a consulting powerhouse that includes our co-host Sri, on the latest in retail media. […]

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