bankruptcy

Mall Owner CBL Properties To File $1.5B Pre-Packaged Chapter 11 Bankruptcy
Mall Owner CBL Properties To File $1.5B Pre-Packaged Chapter 11 Bankruptcy
August 20, 2020  |  Retail

Struggling mall owner CBL Properties intends to file a pre-packaged Chapter 11 bankruptcy to eliminate some $1.5 billion of debt under a plan the company...

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Pizza Hut To Shutter Up To 300 Locations
Pizza Hut To Shutter Up To 300 Locations
August 17, 2020  |  Economy

NPC International, the largest Pizza Hut and Wendy’s franchisee in the U.S., plans to close as many as 300 Pizza Hut restaurants after a deal...

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Off-Price Retailer Stein Mart Files For Chapter 11
Off-Price Retailer Stein Mart Files For Chapter 11
August 13, 2020  |  Retail

Off-price specialty retailer Stein Mart, Inc. filed for Chapter 11 bankruptcy in the United States Bankruptcy Court for the Middle District of Florida, Jacksonville Division...

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Sur La Table Sold For $90M Post-Bankruptcy
Sur La Table Sold For $90M Post-Bankruptcy
August 10, 2020  |  Partnerships / Acquisitions

Sur La Table Inc., the Seattle kitchenware products company that filed for bankruptcy protection last month, has sold for nearly $90 million, Bloomberg News reported. The purchase by...

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Retailers Using Chapter 11 To Break Lease Agreements
Retailers Using Chapter 11 To Break Lease Agreements
August 07, 2020  |  Retail

Companies that have filed for Chapter 11 bankruptcy are using the court protection to end long-term lease agreements early and close thousands of stores, reported...

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Bankruptcy Watch: Lord & Taylor And Tailored Brands File Chapter 11, Adding Urgency To Apparel Crisis
Bankruptcy Watch: Lord & Taylor And Tailored Brands File Chapter 11, Adding Urgency To Apparel...
August 03, 2020  |  Retail

Lord & Taylor and Tailored Brands surprised absolutely no one with their bankruptcy filings Sunday (Aug. 2), but another spate of bad news has added...

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Neiman Marcus Nears End Of Bankruptcy
Neiman Marcus Nears End Of Bankruptcy
July 31, 2020  |  Retail

Neiman Marcus could exit Chapter 11 in time for holiday shopping. According to the The Dallas Morning News, the luxury retailer is closer to exiting...

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Report: ABG May Buy Bankrupt Ann Taylor Parent Firm Ascena
Report: ABG May Buy Bankrupt Ann Taylor Parent Firm Ascena
July 31, 2020  |  Retail

Authentic Brands Group (ABG), the New York-based brand management company, could be the latest potential buyer of Ascena Retail Group, the recently bankrupt parent firm...

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COVID Pushes California Pizza Kitchen Into Bankruptcy
COVID Pushes California Pizza Kitchen Into Bankruptcy
July 30, 2020  |  Retail

California Pizza Kitchen (CPK) is the latest big restaurant chain to fall on hard times in the wake of the coronavirus pandemic. The Los Angeles-based...

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