Stoli Group filed to convert two of its U.S. companies from chapter 11 to chapter 7 bankruptcy after the company could not reach a restructuring agreement with its senior lender. Control of Stoli ...

The spirits industry has faced economic issues since the end of the Covid-19 pandemic that continue to mount. Among the reasons given for financial distress are the lasting effects from the Covid-19 ...

FAT Brands Inc. has filed for voluntary Chapter 11 bankruptcy protection. Through the court-supervised process, the company aims to reduce debt and strengthen its balance sheet. In addition, it is ...

While the internet has taken some sales from brick-and-mortar retailers, the numbers are actually fairly modest. "The third quarter 2025 e-commerce estimate increased 5.1% (±1.2%) from the third ...

For those who are old enough to remember Howard’s Appliance back at its peak, it might take you by surprise to know that the chain recently shuttered all its Southern California locations and filed ...

After a decade of press powders and sharply pigmented shadow, Pat McGrath Labs is filing for bankruptcy. The company, founded by namesake makeup artist Pat McGrath in 2015, filed for Chapter 11 ...

Saks Global, the parent company of luxury retailer Saks Fifth Avenue, filed for Chapter 11 bankruptcy protection late Tuesday. The company had struggled with a heavy debt load following its purchase ...

Jan 15 (Reuters) - Gym booking app ClassPass owner Playlist said on Thursday it would merge with fitness-tech firm EGYM in a deal that includes equity funding of $785 million, led by Jared Kushner's ...

A Manhattan judge on Tuesday ordered the Trump Justice Department to respond to demands from congressional lawmakers seeking oversight of further disclosures of the Jeffrey Epstein files by a special ...

NEW YORK, Jan 14 (Reuters) - High-end department store conglomerate Saks Global filed for bankruptcy protection late on Tuesday in one of the largest retail collapses since the pandemic, barely a year ...

The parent company of Saks, Neiman Marcus and Bergdorf Goodman struggled with debt, designers and customers in recent years. By Kim Bhasin Vanessa Friedman and Lauren Hirsch Saks Global, the company ...

The commercial truck industry has faced economic distress over the last year that has resulted in certain companies shutting down operations and going out of business, and in some cases, filing for ...