Macy’s isn’t out of the woods, however. Saks and its subsidiaries could still emerge from bankruptcy and give it a run for its money. And the thing that has sent so many brick-and-mortar stores swirling – online retail – isn’t going away.

In August 2025, Lucy Cooper's Ice House owner, Braunda Smith, took to social media to address a legal dispute between investors of her business and herself, calling out "predatory loans" and an alleged hostile takeover of two out of three Lucy Cooper's concepts.

The average American household currently carries over $7,000 in credit card debt, and for a large number of borrowers, other debts, like medical bills and personal loan debts, are also piling up amid today's tough economic landscape. With this type of ...

Claire’s, a mall staple that attracts pre-teens for its bargain jewelry and accessories, has filed for its second bankruptcy in less than a decade. The retailer, which filed for Chapter 11 bankruptcy protection in a federal court in Delaware Wednesday ...

Bankruptcy is certainly not an ideal outcome for any real estate loan. If a project's in trouble, though, bankruptcy has its benefits, even for lenders. Real estate and other lenders know they should dread bankruptcy. If a borrower files bankruptcy, loan ...

Nancy Hunt arrived at an emergency room from a Genesis HealthCare nursing home in Pennsylvania in such dreadful shape, including maggots infesting her gangrened foot, that the hospital called an elder abuse hotline and then the police, her son alleged in a ...

Amazon invested $475 million into Saks' acquisition of Neiman Marcus. It wants a federal judge to reject Saks' bankruptcy plan because it harms creditors.