Delicious champagne-flavored gummy bears couldn’t save Sugarfina from filing for Chapter 11 bankruptcy protection. As sweet as it is, the company fell victim to the decidedly more sour challenges of the current retail climate as it expanded from online to malls.
Mall-based women’s apparel retailer Charlotte Russe has been added to the ongoing list of troubled companies in the sector, announcing its plans to liquidate and close all of its stores within the next two months. In February, it announced it would file for Chapter 11 bankruptcy protection and close approximately 94 stores.
Rue 21 announced it is filing for Chapter 11 Bankruptcy in an effort to fully transform the business. See what this transformation includes and what it will mean for the retailer in the future.
Gander Mountain announced it would be filing for Chapter 11 bankruptcy. Here is what the the company plans going forward.
RadioShack has announced it is filing for Chapter 11 bankruptcy and closing 200 stores and evaluating the remaining 1,300 locations. See what this will mean for the company as it moves forward with the filing.
Eastern Outfitters, parent company of the Eastern Mountain Sports and Bob’s Stores chains, has filed for Chapter 11 protection. See what this will mean for its brands going forward.
Specialty golf retailer Golfsmith International has filed for Chapter 11 bankruptcy and agreed to sell its Canadian retail chain, Golf Town. Here is what Golfsmith International is planning to do as it moves forward with the bankruptcy.
Several bidders including two large U.S. mall owners, Simon Property Group and General Growth Properties have placed a bid for Aeropostale assets. This would allow for Aeropostale to remain open in a footprint of 229 stores.
In recent weeks and months, major retailers have been filing for bankruptcy, closing stores and slashing jobs. See what retailers are rethinking their business.
Sports Authority won’t come out of bankruptcy as an independent company and instead wants to sell off all its holdings, according to a report from The Denver Post.