News

July 10, 2019     Boston Market said it recently closed 45 stores as it proceeds with its “multi-faceted transformation plan” amid declining sales in recent years. Published reports indicate the Company closed six locations on June 30 and ... Read more
caseyleop
 June 25, 2019     On June 21, Fred’s announced its third wave of closings, with an additional 49 stores to shutter (click here to request a list of closings). This follows the April 11 and May 16 announcements of 159 and 104 closures, respectively.&nb ... Read more
peyton_r
June 19, 2019       Kohl’s Corporation announced it plans to close its four Off/Aisle by Kohl’s locations (click here to request a list). The stores, located in Wauwatosa, Brown Deer, and Waukesha, WI, and Cherry Hill, NJ, will close on August 3. ... Read more
robbie
June 12, 2019 On June 10, Sportco Holdings, DIP, the parent of Ellett Brothers, LLC, filed a voluntary Chapter 11 petition in the U.S. Bankruptcy Court in the District of Delaware. The Honorable Laurie Selber Silverstein was assigned to the proceedings, which have been designated as c ... Read more
robbie
June 4, 2019   According to published reports, Forever 21 is considering strategic alternatives, including a possible restructuring. The Company is reportedly in talks with private equity firm Apollo Global Management about raising debtor-in-possession funds to provide financing s ... Read more
robbie
May 30, 2019 Arcadia Group,a London-based fast-fashion retailer and operator of the Topshop and Topman brands, filed Chapter 15 in the U.S. Bankruptcy Court in the Southern District of New York on May 23. Chapter 15 is the section of the U.S. Bankruptcy Code that deals with foreign insol ... Read more
robbie
May 22, 2019 Ascena Retail Group reported plans to wind down operations of Dressbarn, its low-priced women’s clothing unit (click here to request full list of Dressbarn store closings). As we reported on March 25, the Company was exploring options for Dressbarn, which CEO David Jaffe ... Read more
robbie
May 15, 2019 Wawa plans to roll out a new catering service across all of its stores beginning May 6. Wawa operates more than 840 convenience stores, more than 600 of which include fuel stations, in Pennsylvania, New Jersey, Delaware, Maryland, Virginia, Florida and Washington, D.C. In ot ... Read more
robbie
May 8, 2019 Lidl US recently announced its first of several waves of openings on Long Island, NY. The Company said it will open stores in Plainview, Babylon, Huntington and Center Moriches by early 2020 - see below for Future Store Openings Map. The stores in Babylon and Huntington will be ... Read more
robbie
  May 1, 2019 Tru Kids Brands, a licensing firm formed last year by creditors of Toys “R” Us, plans to open a handful of U.S. stores in time for the holidays. Stores are expected to be 10,000 square feet, downsized from the Toys “R” Us stores that typical ... Read more
robbie

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