JCPenney Emerges From Chapter 11 BankruptcyThe retailer completed its sale to a pair of landlords - Brookfield Asset Management Inc. and Simon Property Group through a combination of cash and new term loan debt.
Bankruptcy Court Approves Sale Of JCPenneyPlano-based J.C. Penney is on course to emerge from bankruptcy by Thanksgiving, after a bankruptcy court approved its sale to its two largest landlords and its primary lenders.
Stein Mart Files For Bankruptcy; Liquidation Underway, Going-Out-Of-Business Sales ComingNational discount department store Stein Mart filed for bankruptcy and has now set about closing most, if not all, of its 280 stores.
Texas-Based Parent Company Of Men's Wearhouse Files For Bankruptcy ProtectionHouston-based Tailored Brands, which owns Men's Wearhouse and Jos. A. Bank, has filed for bankruptcy.
Executives With Dallas-Based Neiman Marcus Seek $10 Million In Bonuses During BankruptcyNeiman Marcus is asking a federal bankruptcy court in Texas to allow almost $10 million in pay raises for CEO Geoffroy van Raemdonck and seven other executives.
Dallas-Based Tuesday Morning Files For Chapter 11 BankruptcyDallas-based discount goods retailer Tuesday Morning has filed for Chapter 11 bankruptcy, becoming the third North Texas-based major retailer to do so since the coronavirus pandemic.
Plano-Based JCPenney Files For BankruptcyJCPenney filed for Chapter 11 bankruptcy protection on Friday, becoming the latest retail casualty of the coronavirus pandemic.
Neiman Marcus Files For Chapter 11 Bankruptcy ProtectionThe coronavirus shutdown has hit Neiman Marcus so hard that the 112-year-old storied luxury department store chain is seeking Chapter 11 bankruptcy protection.
Report: Dallas-Based Neiman Marcus Could File For Bankruptcy This WeekThe coronavirus shutdown is hitting the retail industry hard and none more so than Dallas-based Neiman Marcus. There are reports the luxury retailer could file for bankruptcy as early as this week.
Analysts: AMC Theaters Close To Filing For Bankruptcy Because Of COVID-19 ShutdownWith their movie locations in Texas and across the country closed because of the coronavirus pandemic, Wall Street analysts say AMC Theaters will likely soon file for bankruptcy.
Dallas-Based Borden Dairy Co. Files For Bankruptcy ProtectionDallas-based Borden Dairy Co. says it can't afford its debt load and pension obligations and has filed for bankruptcy protection.
Low-Price Fashion Store Forever 21 Files For Chapter 11 BankruptcyIt was once a hot destination for teen shoppers, but fashion chain Forever 21 has filed for Chapter 11 bankruptcy protection.
New Smaller Sears Stores Focus On Appliances, Mattresses And Home ServicesAfter its journey through bankruptcy, Sears is getting ready to open its first batch of smaller stores focusing on appliances, mattresses and home services.
Payless ShoeSource To Close All Remaining US StoresPayless ShoeSource is shuttering all of its 2,100 remaining stores in the U.S. and Puerto Rico, joining a list of iconic names like Toys R Us that have closed down in the last year.
Children's Store Gymboree Files Chapter 11 Bankruptcy AgainGymboree has filed for bankruptcy protection for a second time in as many years, but this time the company will begin winding down operations for good.