Major crafts retailer files for bankruptcy
Joann filed for Chapter 11 bankruptcy protection for the second time in less than a year as it contending with a difficult retail environment. The company is also trying to sell itself.
Leases for nearly 700 Party City locations to be auctioned off
The leases of nearly 700 Party City stores are poised to go under the hammer amid the party supplies retailer’s ongoing bankruptcy.
Bankruptcies were significant in 2024; here are some of the biggest
Bankruptcies played a significant role in economic news in 2024 with retailers, restaurants and an airline all looking for bankruptcy protection to keep from having to shut down entirely
Some Big Lots stores will remain open if bankruptcy court approves deal with new buyer
Big Lots, LLC, which is based in Columbus, Ohio, announced that it has found a buyer to acquire its stores, distribution centers and intellectual property to transfer to other retailers.
The business winners – and losers – of 2024 are unveiled
Debtwire global head of legal Sarah Foss talks to Fox News Digital about the companies that thrived and those that struggled to survive in 2024.
The Container Store files for bankruptcy, insists it's here to stay
The Container Store, which was recently delisted from the New York Stock Exchange, has filed for bankruptcy protection in an effort to try and turn its business around.
Big Lots to start holding 'Going Out of Business' sales at remaining locations
Big Lots announced it will likely not complete its purchase agreement to sell off its assets as part of a Chapter 11 bankruptcy, and is holding Going Out of Business sales now.
Lord & Taylor, America's oldest department store, is making a comeback
Lord & Taylor, America's oldest department store chain, is making a comeback after years of financial hardship exacerbated by the pandemic. An e-commerce reboot also failed.
Why The Container Store could be next retailer to go bankrupt
The Container Store is struggling to stay afloat largely due to market conditions and rising competition. Some experts say it's the next retailer to file for Chapter 11.
Vodka maker Stoli Group USA files for Chapter 11 bankruptcy
Stoli Group USA sought Chapter 11 bankruptcy protection in court last week. Affiliate Kentucky Owl also filed for bankruptcy on the same day, according to PacerMonitor.
Spirit Airlines files for bankruptcy: What passengers should know
Spirit Airlines announced on Monday that its recent Chapter 11 bankruptcy filing won't impact travel. But industry experts say their could be issues ahead.
Spirit Airlines bankruptcy is an 'inevitable result' of government involvement: Bobby Iaccino
Path Trading Partners co-founder Bobby Iaccino and Madison Ventures partner and chief strategy officer Mitch Roschelle react to Spirit Airlines filing for Chapter 11 bankruptcy protection on 'Cavuto: Coast to Coast.'
Spirit Airlines files for Chapter 11 bankruptcy protection
Spirit Airlines has filed for Chapter 11 bankruptcy protection, the company announced Monday morning.
Most expensive recall in history forced Japanese auto company Takata to file for bankruptcy
Takata was pushed into bankruptcy after being involved in the complex, expensive recall of explosive airbags. The dangerous airbags have led to the death of 28 people in the U.S.
What’s behind the slew of restaurant bankruptcies in 2024? Experts unpack the problems
Cotton Patch Cafe CEO and former TGI Fridays head Brandon Coleman and Debtwire executive editor John Bringardner speak to Fox News Digital about America’s casual dining ‘heydays’ being over.
TGI Fridays files for bankruptcy, COVID-19 pandemic blamed for financial woes
Casual dining chain TGI Fridays Inc. filed for Chapter 11 bankruptcy in Texas on Saturday with the company's executive chairman saying it still has not fully recovered from the COVID-19 pandemic.
Bed Bath & Beyond brand is coming back to physical stores
Beyond Inc. entered into a strategic partnership with the Container Store. The plan is to boost store traffic by adding Bed Bath & Beyond-branded products.
Big Lots to shutter more than 50 retail locations
Big Lots aims to permanently close the doors of 50-plus more stores, it told the bankruptcy court overseeing its Chapter 11 proceedings late last week.
True Value's bankruptcy is a tragedy but could be a good sign for the 'little guys': Codie Sanchez
Contrarian Thinking Capital founder Codie Sanchez reacts to the True Value hardware brand filing for bankruptcy on 'Making Money.'
Hardware wholesaler True Value files for bankruptcy, plans sale to rival
Wholesaler True Value filed for bankrtupcy Monday and announced its plans to sell to rival Do It Best. True Value retail stores are not included in the bankruptcy.