Bankruptcy filings on the rise

In the money: Steve & Barry’s sold amid Chapter 11 spree

A string of Chapter 11 filings by clothing and footwear retailers in recent months shows that fashion is feeling the…

US: Investment firm buys Steve & Barry’s for $168m

US fashion chain Steve & Barry's has been sold to investment firm  BHY S&B Holdings LLC for $168m. BHY S&B,…

US: Boscov’s in Chapter 11 bankruptcy filing

US department store chain Boscov’s has filed for Chapter 11 bankruptcy protection and says it is to close ten underperforming…

US: Bankruptcy court OKs Mervyns’ $465m financing

The US Bankruptcy Court has approved Mervyns’ $465m debtor-in-possession credit deal with Wachovia Capital Finance Corp in a move that…

US: Mervyns files for Chapter 11 bankruptcy protection

Beleaguered department store chain Mervyns has filed for bankruptcy protection as executives struggle to reinvigorate the cash-strapped retailer. The company…

US: Shoe Pavilion files for Chapter 11 bankruptcy

Off-price footwear retailer Shoe Pavilion Inc has filed for Chapter 11 bankruptcy protection according to a notice posted with the…

US: Steve & Barry’s files for Chapter 11

Casual apparel retailer Steve & Barry’s and 63 of its affiliates announced today (9 July) that they have entered Chapter…

US: Steve & Barry’s on the brink of bankruptcy?

Discount retailer Steve & Barry's LLC is reported to be on the brink of bankruptcy, and needs rescue financing of…

US: Goody’s files for bankruptcy, to close 69 stores

Apparel retailer Goody's Family Clothing Inc has filed for Chapter 11 bankruptcy protection and plans to close 69 underperforming stores…

US: Textile maker Dan River files for bankruptcy

Almost four years to the day of its last bankruptcy filing, textile maker Dan River Inc has again filed for…