Tags: Bankruptcy

Saks Owner Under Pressure to Secure $1 Billion After Debt

Saks Global Announces 1,200 Job Cuts Amid Bankruptcy Restructuring

Saks Global plans 1,200 job cuts and 15 store closures as part of its bankruptcy restructuring.


Spirit Airlines Plans Aircraft Auction Amid Bankruptcy Proceedings

Spirit Airlines seeks court approval to auction 20 Airbus jets to reduce debt and streamline operations amid bankruptcy.

Eddie Bauer Stores Could Close After Parent Company Catalyst Brands Moves Toward Bankruptcy

Eddie Bauer may close all North American stores as parent company Catalyst Brands moves toward bankruptcy.

Struggling Spirit Airlines Eyes Private Equity Takeover to Prevent Bankruptcy

Spirit Airlines explores a private equity takeover as it struggles to avoid another bankruptcy amid ongoing financial challenges.


Latest News

American Airlines
American Airlines moves to receive all filings in Spirit's bankruptcy case as the struggling carrier explores possible merger or sale options.
Ice Cream
Dairy Queen rival's franchisee files for bankruptcy, fuelling fears of store closures in low-income communities where packed locations offer affordable jobs and treats.
Famous Companies That Have Filed for Bankruptcy So Far for
First Brands CEO resigns amid bankruptcy as $2.3 billion in company funds remain unaccounted for.
Rite Aid Announces Full Closure of Stores Following Second Bankruptcy
Rite Aid closes all stores after second bankruptcy, with prescriptions transferring to other pharmacies.
California Greek Chain Opa! Goes Bankrupt, Citing $100K–$500K in Liabilities
California-based Greek restaurant chain Opa! files for Chapter 7 bankruptcy, closing all locations and planning asset liquidation.
Spirit Airlines to Cut Service in 12 Cities After Second
Spirit Airlines will end service in 12 cities after filing for bankruptcy a second time in less than a year.
Spirit Airlines Files for Bankruptcy Again Just Months After Rebound
Spirit Airlines files for bankruptcy again just months after exiting Chapter 11, citing ongoing financial struggles and weak travel demand.
Childhood Favorite Claire’s to Close Nearly 300 Stores After Bankruptcy
Claire's is closing nearly 300 stores across the U.S. following bankruptcy, marking the end of an era for a beloved childhood retailer.
Spirit Airlines Warns of Possible Collapse Just 5 Months After
Spirit Airlines warns of possible collapse just months after bankruptcy amid weak demand and cash troubles.
Claire’s Faces Massive Closures Amid Bankruptcy, Seeks Buyer for 800
Claire's files for bankruptcy again, plans to close over 1,100 stores unless a buyer is found for 800 locations.
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