Distressed Retail

  • A Francesca's storefront with sales signs
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    Caroline Jansen/Retail Dive
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    Altar’d State owner bids $7M on Francesca’s IP

    Stand Out For Good, which operates the faith-based retailer, has emerged as the stalking horse bidder in Francesca's latest Chapter 11 case.

    By • Feb. 11, 2026
  • A department store mall entrance.
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    Skip Bolen/WireImage for Saks Fifth Avenue via Getty Images
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    Saks Global to shutter 9 full-line stores

    Saks Fifth Avenue is taking the brunt of the plans, with eight stores on the list. The company told a bankruptcy court further closures may be necessary.

    By • Feb. 10, 2026
  • A Toys R Us Canada location
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    Courtesy of Toys R Us Canada
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    Toys R Us Canada files for creditor protection

    The company is evaluating strategic alternatives and reducing its retail footprint as part of a restructuring process. 

    By • Feb. 10, 2026
  • A Francesca's storefront with sales signs
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    Caroline Jansen/Retail Dive
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    Francesca’s files for bankruptcy, again

    The retailer, which previously filed for Chapter 11 bankruptcy about six years ago under a different owner, has about $30 million in secured debt.

    By • Feb. 9, 2026
  • A storefront with awnings and bright blue skies above.
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    "Eddie Bauer" by Mike Mozart is licensed under CC BY 2.0
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    Eddie Bauer files for bankruptcy, begins winding down all stores in the US and Canada

    Going-out-of-business sales have begun and, unless the brick-and-mortar operations find a buyer, all 175 locations will close by April 30, per court filings.

    By • Feb. 9, 2026
  • A Saks store in Chicago.
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    Kaarin Moore/Retail Dive
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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 • Feb. 4, 2026
  • An Eddie Bauer mall store entrance mimics a log cabin, with faux wooden pillars and pitched roof.
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    Daphne Howland/Retail Dive
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    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 • Feb. 2, 2026
  • A white storefront with black lettering again a blue sky that has a few puffy clouds.
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    Courtesy of Saks Global
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    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 • Jan. 30, 2026
  • Retail rendering of a pop up store in partnership with Google
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    Courtesy of Pat McGrath Labs
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    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 • Jan. 29, 2026
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    Kendall Davis/Retail Dive
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    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
  • People walking around an open-air mall.
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    "Woodbury Common Premium Outlets" by llee_wu is licensed under CC BY-ND 2.0
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    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 • Jan. 28, 2026
  • A mall entrance to a store whose sign says "OFF 5th" in black lettering and a red "5."
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    "Saks Fifth Avenue Off 5th Outlet Dolphin Mall" by Phillip Pessar is licensed under CC BY 2.0
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    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 • Jan. 26, 2026
  • A Francesca's storefront with sales signs
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    Caroline Jansen/Retail Dive
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    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 • Jan. 23, 2026
  • A massive downtown department store building.
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    "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
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    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 • Jan. 20, 2026
  • A person running down a hill wearing teal sneakers
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    Courtesy of Hilma
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    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
  • People walking past a city department store building.
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    Daphne Howland/Retail Dive
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    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 • Jan. 15, 2026
  • A Neiman Marcus storefront in downtown Chicago
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    Kaarin Moore/Retail Dive
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    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 • Jan. 14, 2026
  • Cars parked in front of a furniture store.
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    "American Signature, Hall Road, Inc, M-59, Macomb County, Michigan, Value City" by Ajay Suresh is licensed under CC BY 2.0
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    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 • Jan. 12, 2026
  • People walking past a city department store building.
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    Daphne Howland/Retail Dive
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    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 • Jan. 12, 2026
  • A shopper browses an aisle of snacks with the sign "maxx every dollar" behind her.
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    Scott Olson via Getty Images
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    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
  • A palm tree in front of a light-colored building, against a blue sky.
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    Courtesy of Ashkenazy Acquisition Corporation
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    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 • Jan. 8, 2026
  • People walking past a city department store building.
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    Daphne Howland/Retail Dive
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    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 • Dec. 23, 2025
  • An iRobot Roomba is deployed in a home.
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    Courtesy of iRobot
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    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 • Dec. 15, 2025
  • A Value City Furniture exterior storefront and parking lot
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    "Value City furniture store, 37001 Warren Road, Westland, Michigan." by Dwight Burdette is licensed under CC BY 3.0
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    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 • Dec. 11, 2025
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    Stock.adobe.com/Jacob Lund

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    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