Rite Aid Exits Bankruptcy, Sheds $2B in Debt and Reorganizes
Rite Aid has emerged from bankruptcy, shedding $2 billion in debt and securing $2.5 billion in exit financing. Matt...
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Rite Aid has emerged from bankruptcy, shedding $2 billion in debt and securing $2.5 billion in exit financing. Matt...
Bonobos, the once-celebrated men's apparel brand, faces a challenging future after a tumultuous decade marked by ownership changes and...
Big Lots has approved one-time cash retention awards totaling $5.2 million for four top executives amid operational and financial...
Iceland CEO Richard Walker warns that a sudden increase in minimum wage could bankrupt his company, urging Labour for...
In a remarkable turnaround, Bed Bath & Beyond is making a comeback as an online-only retailer after filing for...
LL Flooring, a flooring retailer founded in 1994, has filed for Chapter 11 bankruptcy due to unsustainable liquidity issues....
Party City appoints turnaround expert Barry Litwin as president and CEO, aiming to strengthen financial health and expand a...
In a week packed with retail news, several major developments stand out, including the comeback of Foxtrot and the...
Joann's Chief Financial Officer, Scott Sekella, has left the company after overseeing its recent restructuring and bankruptcy process. Jeff...
In this episode of The Backroom podcast, Retail Dive's Senior Editor Kaarin Vembar and Senior Reporter Daphne Howland discuss...