Saks Global, parent of high-end department store chain Saks Fifth Avenue, is weighing Chapter 11 bankruptcy as a last resort, Bloomberg News reported on Monday, citing people familiar with the matter.

Several furniture chains filed for bankruptcy in 2025 due to financial distress. A major furniture chain franchisee filed for Chapter 11 bankruptcy. A lender's foreclosure proceedings led the ...

COLUMBUS, Ohio--(BUSINESS WIRE)--American Signature, Inc. (“ASI” or the “Company”), one of the nation's leading home furnishings retailers and the parent company of Value City Furniture and American ...

M&M Custard, a prolific Freddy’s Frozen Custard & Steakburgers franchisee, has declared Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the District of Kansas. The company, based in Overland ...

Readers are eager to learn Jujutsu Kaisen Modulo Chapter 11’s release date, time, and where to read it. This series has continued its streak of building intrigue and excitement with each chapter. Its ...

The large supplier is also behind Michelin-branded wipers, Philips-branded bulbs. According to a statement released on September 29, U.S. auto parts supplier First Brands has filed for Chapter 11 ...

The company’s portfolio includes brake solutions, filtration products, and replacement brake components, among others. Credit: Palplaner/Shutterstock.com. US auto parts manufacturer First Brands Group ...

Sept 29 (Reuters) - Chipmaker Wolfspeed (WOLF.N), opens new tab said on Monday it has exited Chapter 11 bankruptcy after cutting its total debt by nearly 70% and lowering annual cash interest expense ...

WASHINGTON, D.C. — Banner’s Hallmark, a family-owned chain of greeting card and gift stores, has filed for Chapter 11 bankruptcy protection after decades in business. Banners of Abingdon LLC, formerly ...

There's a possibility that this second Chapter 11 reorganization could convert to a Chapter 7 liquidation without sufficient financing. Photo Credit: Ron Adar/Shutterstock Spirit Airlines entered ...

For the second time in a year, Spirit Airlines has filed for bankruptcy. Parent company Spirit Aviation Holdings Inc. announced Aug. 29 a “comprehensive restructuring” of the airline, which Spirit ...

The Italian casual restaurant sector has faced both impressive sales results for certain dining chains, while some others have experienced financial distress, over the last two years. Popular casual ...