bankruptcy

Eddie Bauer’s bankruptcy means stores are closing nationwide, including Destiny USA in Syracuse. With recent closures like Francesca’s and GameStop, the mall faces another hit.

Saks Global—the company behind Saks Fifth Avenue and Neiman Marcus—has filed for bankruptcy. Debt and falling sales forced the luxury giant to restructure while keeping stores open.

At Home has entered a restructuring agreement with its lenders, aiming to cut $2 billion in debt and raise $200 million in fresh capital. The company filed for Chapter 11 bankruptcy and announced the closing of 26 stores, 2 in New York.

Rite Aid has announced 68 additional store closures as part of its ongoing bankruptcy proceedings. Among the latest locations to shut their doors are two more stores in New York.

Another major retailer may be on the brink of bankruptcy thanks to the latest tariffs on imported merchandise.

The chain exited bankruptcy last year, but it looks like some stores might close.

Struggling lithium-ion battery maker iM3NY is out of cash and into bankruptcy, according to a Bloomberg news report.

Another national chain is about to file for bankruptcy.

The brand has been around for nearly 80 years!

The company is planning to sell its assets and business operations to Nexus Capital Management.