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…
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
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…