Distressed Retail
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Who controls Saks Global’s IP?
Authentic Brands Group now owns 77% of the entity that controls a perpetual master license to Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman.
By Daphne Howland • Feb. 4, 2026 -
Most US Eddie Bauer stores likely to close as operator preps bankruptcy
Authentic Brands Group, which owns the brand’s intellectual property, last month shifted its e-commerce and wholesale licenses to another company.
By Daphne Howland • Feb. 2, 2026 -
Saks Global retreats from off price, closing most stores and all e-commerce
Just a dozen Saks Off 5th locations will stay open, and they’ll sell only residual inventory from Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman.
By Daphne Howland • Jan. 30, 2026 -
Inside Pat McGrath Cosmetics’ bankruptcy
The Chapter 11 filings said a lender commenced the auctioning of the brand without founder and CEO Patricia McGrath’s consent.
By Dani James • Jan. 29, 2026 -
Podcast
The Backroom: Saks Global and the bankruptcy that everyone saw coming
The team chats about their recent visits to Saks Fifth Avenue’s Manhattan flagship and brings in Debtwire analysts to discuss the retailer’s Chapter 11 process.
By Retail Dive Staff • Jan. 29, 2026 -
Simon Property Group flags $100M Saks Global investment in rent dispute
The mall REIT told the bankruptcy court that the luxury department store owes more than $7 million.
By Daphne Howland • Jan. 28, 2026 -
Saks Off 5th online is liquidating 5 years after split from brick and mortar
In 2021 private equity investors poured $200 million into a spin-off of the off-pricer’s digital operations, but the anticipated return never materialized.
By Daphne Howland • Jan. 26, 2026 -
Francesca’s to permanently close
The fashion retailer is liquidating stores after alternative funding from an investor fell through and two major suppliers lost their own capital from lenders.
By Dani James • Jan. 23, 2026 -
"Exterior view of historic Neiman Marcus flagship store in Dallas, Texas as seen from Commerce Street." by Dfwcre8tive is licensed under CC BY 3.0
What Saks Global’s bankruptcy means for vendors
Big names like Chanel and Kering are owed substantial sums and are likely to be paid well before smaller brands’ past-due invoices.
By Daphne Howland • Jan. 20, 2026 -
The Weekly Closeout: Hilma Running, Inkbox shut down
The running shoe company is shuttering due to an inventory issue, while Bic is closing the semi-permanent tattoo brand nearly four years after its acquisition.
By Retail Dive Staff • Jan. 16, 2026 -
Amazon says its Saks Global investment is ‘worthless’
The e-commerce giant’s complaints could signal a long and contentious bankruptcy process for the luxury company.
By Daphne Howland • Jan. 15, 2026 -
Saks Global files for bankruptcy, shakes up leadership after a year of struggles
Former Neiman Marcus Group chief Geoffroy van Raemdonck, now CEO, is bringing on a fresh slate of executives — and has a $1.75 billion financing package to work with.
By Daphne Howland • Jan. 14, 2026 -
"American Signature, Hall Road, Inc, M-59, Macomb County, Michigan, Value City" by Ajay Suresh is licensed under CC BY 2.0
Value City, American Signature Furniture to shutter remaining stores
The retailer, which is closing its last 89 locations, filed for bankruptcy in November as sales plummeted and losses widened amid a soft housing sector.
By Daphne Howland • Jan. 12, 2026 -
Vince monitoring Saks Global ‘on a minute-by-minute basis’
CEO Brendan Hoffman said the luxury department store conglomerate accounts for about 7% of its business.
By Cara Salpini • Jan. 12, 2026 -
Deep Dive
6 retail trends to watch in 2026
From pricing dynamics to the shifting state of malls, here are the trends we’ve got our eye on in 2026.
By Retail Dive Staff • Jan. 8, 2026 -
S&P Global Ratings downgrades Saks Global on missed interest payment
The luxury giant is unlikely to make good within the grace period or achieve promised savings from last year’s $2.7 billion merger, the analysts said.
By Daphne Howland • Jan. 8, 2026 -
Saks Global doesn’t rule out bankruptcy
The department store conglomerate says it’s “exploring all potential paths” toward stability but insists the luxury market is strong.
By Daphne Howland • Dec. 23, 2025 -
Inflation, tariffs help send iRobot into bankruptcy
The Roomba-maker’s largest Chinese manufacturer has agreed to acquire the company via a Chapter 11 restructuring.
By Daphne Howland • Dec. 15, 2025 -
"Value City furniture store, 37001 Warren Road, Westland, Michigan." by Dwight Burdette is licensed under CC BY 3.0
Creditors object to Schottenstein bid for bankrupt Value City Furniture owner
The bid for American Signature Inc. contemplates a liquidation and is bad for unsecured creditors, according to objections.
By Dani James • Dec. 11, 2025 -
Sponsored by Quinyx
A new frontline formula: Why communication, clarity and connection will define retail’s next chapter
Why communication is becoming retail’s next competitive edge on the frontline.
Dec. 8, 2025 -
"Value City furniture store, 37001 Warren Road, Westland, Michigan." by Dwight Burdette is licensed under CC BY 3.0
Value City Furniture owner files for bankruptcy citing housing crisis
American Signature Inc. plans to close 33 stores in Chapter 11 and expects to enter into a stalking horse purchase agreement with current equity holders.
By Dani James • Nov. 24, 2025 -
Can Claire’s make a comeback?
Investment firm Ames Watson spoke with Retail Dive about its approach to reinvigorating the brand after buying it out of bankruptcy.
By Dani James • Updated Nov. 5, 2025 -
At Home exits bankruptcy with nearly $2B in debt eliminated, most stores open
The furniture retailer is now owned by a group of lenders, which is providing $500 million in new financing to support a turnaround.
By Daphne Howland • Oct. 27, 2025 -
Will anyone buy Rite Aid’s brand?
Rivals have snapped up the drugstore chain’s pharmacies and some locations. But the space is oversaturated, and a correction is underway.
By Daphne Howland • Oct. 21, 2025 -
CVS closes deal for 63 Rite Aid stores
The drugstore retailer will also bring on more than 3,500 employees from the rival chain and make “targeted investments” in its own stores.
By Cara Salpini • Oct. 15, 2025