Browsing: bankruptcy
Saks Global CEO Marc Metrick is stepping down amid reports that the company, which owns luxury department store chains including…
Saks Global is reportedly headed toward bankruptcy after missing payment for the debt it took on to acquire Nieman Marcus.…
Looks like it’s cooked to a crisp. Food52 Inc., the buzzy cooking and home-decor company based in Brooklyn, filed for…
Corporate bankruptcies are reaching levels not seen since the Great Recession — with inflation, high interest rates and punishing tariffs…
A $950 million deal to sell more than 100 JCPenney locations to a private equity firm fell apart at the…
Saks Global, parent of high-end department store chain Saks Fifth Avenue, is weighing Chapter 11 bankruptcy as a last resort, Bloomberg News reported…
Roomba maker iRobot has filed for bankruptcy — and customers are worried that their pricey vacuums could stop working. The…