Men’s Wearhouse Owner Files for Bankruptcy
Tailored Brands is the latest of more than 20 private and public retailers to have declared bankruptcy this year.
Parent of Ann Taylor, Lane Bryant Files for Chapter 11
The struggling retail group said COVID-19 severely disrupted its turnaround progress.
New York & Co. Owner Files for Bankruptcy Protection
RTW Retailwinds said it plans to permanently close most, if not all, of its stores.
Muji Files Chapter 11, Plans Online Focus
The Japanese retailer's U.S. stores are in prime locations, leaving it struggling to make enough money to overcome expensive leases.
Walgreens Swings to Loss as COVID Hits Sales
The pandemic had an adverse impact on sales in the third quarter of about $700 million to $750 million though sales rose in the U.S.
Sur La Table Files Chapter 11 With Sale Plan
“This sale process will result in a revitalized Sur La Table, positioned to thrive in a post COVID-19 retail environment."
Starbucks Sees ‘Rapidly Evolving’ Consumer Preferences
The coffee chain said it expects to accelerate the development of pickup locations in major U.S. cities over the next 18 months.
Dick’s Sporting Goods Takes 29% Sales Hit
“We believe coming out of the current crisis, health and fitness will become even more important to the consumer."
Pier 1 to Liquidate After 58 Years in Business
"This is not the outcome we hoped for when we began [the Chapter 11] process, and we are deeply saddened to move forward with winding down Pier 1."
Walmart Gets Big Boost From Pandemic Panic
For many grocery staples and cleaning supply items, "we were selling in two or three hours what we normally sell in two or three days."