by Mike Duff | Jan 14, 2026 | Retail Articles
After market speculation that it might seek bankruptcy protection, Saks Global Holdings has filed for Chapter 11 in the United States Bankruptcy Court for the Southern District of Texas, the company announced, adding that it has named Geoffroy van Raemdonck as its new...
by Mike Duff | Dec 15, 2025 | Appliances, Home + Housewares, Retail Articles, Vacuum Cleaners
As it enters a pre-packaged Chapter 11 bankruptcy process, iRobot Corp. announced its acquisition by the company’s secured lender and its primary contract manufacturer, Shenzhen Picea Robotics Co. and Santrum Hong Kong Co. As part of a Restructuring Support Agreement...
by Mike Duff | Oct 22, 2025 | Retail Articles
Hilco Global is serving as the agent to market and sell the Rite Aid brand and related assets, with bids for the intellectual property due October 31. The sale is subject to approval of the United States Bankruptcy Court for the District of New Jersey, where Rite Aid...
by Mike Duff | Jun 16, 2025 | Featured News, Retail Articles
Home product specialty retailer At Home filed for Chapter 11 bankruptcy protection in the United States District of Delaware after having entered into a restructuring support agreement with lenders holding more than 95% of the company’s debt. The company cited recent...
by Mike Duff | May 20, 2025 | Retail Articles
CVS Pharmacy has agreed to acquire and operate 64 Rite Aid stores in Idaho, Oregon and Washington. As Rite Aid’s Chapter 11 bankruptcy proceedings continue, the CVS Health division said it also had acquired the prescription files of 625 Rite Aid pharmacies across 15...
