Before recent “crimes against jeans” in which companies are charged hundreds of dollars for “window” jeans, clear jeans, and painted on mud jeans, people would spend the same amount of money on a relatively simple, if not bedazzled, pair of high-end jeans. But with changing fashion and tastes, these denim-focused retailers of yesteryear aren’t faring so well. Case in point: One-time denim darling True Religion has filed for bankruptcy. [More]
another retail bankruptcy?
Rue21 Officially Becomes Latest Retailer To File For Bankruptcy
By 5.16.17
Teen-targeted retailer rue21, which had already announced plans to close 400 stores and shift its focus to its website, has become the latest retail chain to file for bankruptcy, though it hopes to remain operational. [More]
Gymboree Rumored To Be Prepping For Bankruptcy, So Use Your Gift Cards Now
By 4.11.17
Do you have a Gymboree gift card, or items to return or exchange? Stop putting that shopping trip off, because there are reports that the debt-laden children’s clothing retailer and enrichment class provider might be preparing to file for Chapter 11 bankruptcy soon. [More]
Gordmans Files For Bankruptcy, Will Liquidate
By 3.13.17 — Updated: 3.31.17
A week after reports suggested that midwest retailer Gordmans was preparing to file for bankruptcy, the off-price retailer has done so and revealed plans to liquidate assets. [More]
Midwest Off-Price Retailer Gordmans May Be In Financial Trouble
By 3.7.17
So far this year, several national retailers have filed for bankruptcy and closed some, if not all, of their doors. But it’s not just mega chains like Kmart, Macy’s, and The Limited that are hurting, regional chains are also feeling the pressure. To that end: off-price department store chain Gordmans is reportedly preparing to file for bankruptcy. [More]
BCBG Max Azria Reportedly Prepping For Bankruptcy
By 2.28.17
Earlier this month, BCBG Max Azria Group announced the closure of nearly 120 stores, setting off rumors that it would soon join the growing list of mall tenants filing for bankruptcy. Now comes a report claiming that this filing could happen as soon as next week. [More]
