Saks Global, parent of high-end department store chain Saks Fifth Avenue, is weighing Chapter 11 bankruptcy as a last resort, Bloomberg News reported on Monday, citing people familiar with the matter.

The United States liquor industry has faced problems on multiple fronts. First, Americans just aren't drinking as much as they used to. "The percentage of U.S. adults who say they consume alcohol has ...

HOUSTON, Dec. 19, 2025 /PRNewswire/ -- Ascend Performance Materials, a leading producer of high-performance and durable engineered materials for everyday essentials and new technologies, today ...

If you’re a fan of barbecue restaurants, you’d be interested to know that a well-known BBQ chain has slashed some of its locations after filing for Chapter 11 bankruptcy. Smoke Ring LLC, which ...

Howard’s Appliances, a 79-year-old Southern California appliance retailer, has permanently shuttered all of its remaining locations and filed for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The Winston and Mr. Ivy filed ...

Saks Global Enterprises, facing limited options ahead of a more than $100 million debt payment due at the end of this month, is considering Chapter 11 bankruptcy as a last resort, according to people ...

Dec 22 (Reuters) - Saks Global, parent of high-end department store chain Saks Fifth Avenue, is weighing Chapter 11 bankruptcy as a last resort, Bloomberg News reported on Monday, citing people ...

The New York City-based luxury retail and real estate holding company, which finalized its $2.7 billion acquisition of Dallas-based Neiman Marcus Group in December 2024, is considering Chapter 11 as ...

Electric bike company Rad Power Bikes filed for Chapter 11 bankruptcy protection on Monday, weeks after it warned employees that it could shut down without new funding. The company will continue to ...

Anderson Hay will be allowed to continue paying farmers for forage crops on an “interim basis” while their contracts are reviewed by a bankruptcy judge. The company recently filed for Chapter 11 ...