News

August 21, 2019 On August 13, it was reported that management at Avenue Stores told its employees that it plans to close all of its stores in the coming weeks, although no public announcement was made at the time. On August 14, the Company confirmed its decision to close all 222 ... Read more
peyton_r
August 14, 2019 Retail Bankruptcies 600+ retailers have filed for bankruptcy year to date, including several major national chains. To request the full list of bankruptcies or to sign up for our daily listing of Chapter 11 filings (all industries), click here.   H.E. Bu ... Read more
peyton_r
Good Afternoon, As a reminder, the AggData weekly industry newsletter is currently only available to existing subscribers. As a courtesy, I have included this week’s edition below since it covers several high-profile stories, including three major retail bankruptcies and recently ann ... Read more
peyton_r
July 31, 2019 Barneys New York is reportedly in discussions with existing lenders, including Wells Fargo & Company, about a DIP Facility to fund operations if it decides to file for bankruptcy. The discussions are in the early stages, and management is still evaluating options that coul ... Read more
peyton_r
July 24, 2019        Ross Stores opened 22 Ross Dress for Less and six dd’s Discounts stores across 10 states in June and July. These new locations are part of the Company’s previously announced plans to add approximately 100 stores in 2019, includ ... Read more
caseyleop
July 17, 2019   On July 12, Fred’s announced another 129 store closings, leaving the store base around 80 retail units. This is the fourth round of announced closures since April, reducing the Company’s store count from 556 just a few months ago. The map below shows ... Read more
caseyleop
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

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