Fast-fashion chain Forever 21 has filed for Chapter 11 bankruptcy protection. The company said it will close a large number of physical stores worldwide, CNBC...
JPMorgan has discontinued its Chase Pay app that allowed users to pay with their smartphones in stores, according to a report by Bloomberg. The app...
With MoviePass suspending its service for “improvements” to its service, the end could reportedly be in sight for the movie theater subscription service. The offering...
Payless ShoeSource is reportedly gearing up for another round in bankruptcy court, with one news outlet reporting it could happen within the next two weeks....
Amid less expensive destinations for kids’ online clothing and declining traffic in malls, Gymboree Group Inc. plans to close following its second bankruptcy. The retailer, which...
It looks like we can finally have a serious conversation about the impending collapse of physical retail in the U.S. All it took was a...
The bloodletting continues at Theranos. Now it has claimed the company’s founder and CEO, Elizabeth Holmes. CNBC reported late Friday (June 15) that Holmes, who...
When it comes to retail bankruptcies, do you want the good news or the bad news first? The good news: In a marked departure from the...