A downturn in the luxury retail industry at the beginning of 2025 has continued and affected major retailers this week.

Getting the timing right can mean the difference between a successful bankruptcy and one that leaves debts behind.

Alcohol giants Stoli Group USA LLC and Kentucky Owl LLC are liquidating their inventory in the U.S. after struggling to ...

The women's fashion retail chain closes more stores in 2026 after shutting dozens in 2025.

The luxury retailer has struggled with slow sales and debt relating to its recent acquisition of rival Neiman Marcus.

Spirit Airlines’ pilots are appealing directly to the airline’s bondholders to keep the carrier afloat as it navigates Chapter 11 bankruptcy. A loss of financial support could push the company into ...

Fifth Third Bank expected to object to the push by unsecured creditors. Kentucky Owl filed for bankruptcy more than a year ...

Bankruptcy filings in the United States surged in 2025, with analysts citing mounting economic pressures intensified by ...

The e-commerce giant is fighting for a $475M investment backed by Saks Fifth Avenue's flagship Manhattan store following the ...

Bankrupt Genesis Health received court approval on Tuesday to sell its nursing homes to an outside buyer for $1 billion, just ...

Kentucky Owl may be facing Putin’s wrath.

Cleaning up oilfield pollution in arid West Texas is costly and complicated. The bankruptcy process allows companies to move ...