Bankruptcy

News & Analysis

Report: Ann Taylor Owner Prepares for Potential Bankruptcy Filing

8 July 2020 • By Bloomberg

8 July 2020 • By Bloomberg

Ascena Retail Group could enter Chapter 11 as soon as this week with a creditor agreement in place that eliminates around $700 million of its $1.1 billion debt load.

News & Analysis

Report: Ann Taylor Owner Prepares for Potential Bankruptcy Filing

Ascena Retail Group could enter Chapter 11 as soon as this week with a creditor agreement in place that eliminates around $700 million of its $1.1 billion debt load.

News & Analysis

Sycamore Partners in Talks to Buy J.C.Penney, Sources Say

5 June 2020 • By Reuters

5 June 2020 • By Reuters

J.C.Penney is also reportedly in touch with some of its landlords, including Brookfield Asset Management Inc and Simon Property Group, about possible transactions.

News & Analysis

Sycamore Partners in Talks to Buy J.C.Penney, Sources Say

J.C.Penney is also reportedly in touch with some of its landlords, including Brookfield Asset Management Inc and Simon Property Group, about possible transactions.

BoF Professional Exclusive

Is This the End of the American Mall as We Know It?

28 May 2020 • By Cathaleen Chen

BoF Professional Exclusive

Is This the End of the American Mall as We Know It?

Too many stores are chasing a customer who no longer exists. As the pandemic wipes out these retailers, the malls they occupy will also become obsolete.

BoF Professional Exclusive

What the Bankruptcy Onslaught Means for the Future of Retail

11 May 2020 • By Cathaleen Chen

BoF Professional Exclusive

What the Bankruptcy Onslaught Means for the Future of Retail

Filing for Chapter 11 looks different now. Here's what retailers and their partners need to know.

News & Analysis

Bankruptcy Court Approves Neiman Marcus' Plea to Access Financing

9 May 2020 • By Reuters

9 May 2020 • By Reuters

The luxury department store arranged $675 million of debtor-in-possession financing to aid operations while it attempts to reorganise.

News & Analysis

Bankruptcy Court Approves Neiman Marcus' Plea to Access Financing

The luxury department store arranged $675 million of debtor-in-possession financing to aid operations while it attempts to reorganise.

News & Analysis

J.C. Penney Talks With KKR, Ares, Lenders on Bankruptcy Loan

8 May 2020 • By Bloomberg

8 May 2020 • By Bloomberg

The plan would be included in a Chapter 11 court filing that could come next week, according to people with knowledge of the matter.

News & Analysis

J.C. Penney Talks With KKR, Ares, Lenders on Bankruptcy Loan

The plan would be included in a Chapter 11 court filing that could come next week, according to people with knowledge of the matter.

BoF Professional Exclusive

J.Crew Says Bankruptcy Is the Reset it Needs. But There Actually Has to Be a Reset.

4 May 2020 • By Lauren Sherman

BoF Professional Exclusive

J.Crew Says Bankruptcy Is the Reset it Needs. But There Actually Has to Be a Reset.

Just because consumers love the brand doesn't mean they want to buy the clothes.

BoF Professional Exclusive

The Met Gala That Wasn't

3 May 2020 • By Brian Baskin

3 May 2020 • By Brian Baskin

This week, everyone will be talking about the Met Gala that wasn't, big brands on bankruptcy watch and China's sluggish retail sector. Get your BoF Professional Cheat Sheet.

BoF Professional Exclusive

The Met Gala That Wasn't

This week, everyone will be talking about the Met Gala that wasn't, big brands on bankruptcy watch and China's sluggish retail sector. Get your BoF Professional Cheat Sheet.

News & Analysis

J. Crew Mulls Bankruptcy Under Pressure From Debt and Pandemic

30 April 2020 • By Bloomberg

30 April 2020 • By Bloomberg

A Chapter 11 bankruptcy would allow J. Crew to stay in business, cut its borrowings and close weak stores to minimize costs.

News & Analysis

J. Crew Mulls Bankruptcy Under Pressure From Debt and Pandemic

A Chapter 11 bankruptcy would allow J. Crew to stay in business, cut its borrowings and close weak stores to minimize costs.

BoF Professional Exclusive

The American Department Store's Real-Time Reckoning

26 April 2020 • By Brian Baskin

BoF Professional Exclusive

The American Department Store's Real-Time Reckoning

This week, everyone will be talking about the impending bankruptcies of several American department store chains, financial results from Tapestry and the success of "essential" retailers. Get your BoF Professional Cheat Sheet.