Retail Bankruptcy news and trends

Big Lots Deal Rescues Hundreds of Stores From Closure
Retail // December 29, 2024

Big Lots has struck a deal to keep hundreds of stores from shuttering. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....

Vitamin Shoppe Owner Franchise Group Filing for Bankruptcy
Retail // November 03, 2024

Franchise Group (FRG), owner of Vitamin Shoppe and Pet Supplies Plus, is filing for bankruptcy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Report: Craft Retailer Joann Considers Bankruptcy Filing
Retail // March 03, 2024

Fabric/craft supplies retailer Joann is reportedly considering a bankruptcy filing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you...

How Payless Beat Back Bankruptcy (And What Retailers Can Learn)
Retail // August 16, 2017

There are rarely second acts in retail — particularly once bankruptcy is in play — but, every so often, the unexpected happens. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Quick Reads
Report: Michaels Gains Customers After Rival Retailers’ Store Closures

June 26, 2025
Crafts retailer Michaels reportedly saw a 2.3% increase in same-store sales in the quarter ended May 1. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree […]

Big Lots Deal Rescues Hundreds of Stores From Closure

December 29, 2024
Big Lots has struck a deal to keep hundreds of stores from shuttering. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Vitamin Shoppe Owner Franchise Group Filing for Bankruptcy

November 03, 2024
Franchise Group (FRG), owner of Vitamin Shoppe and Pet Supplies Plus, is filing for bankruptcy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Report: Craft Retailer Joann Considers Bankruptcy Filing

March 03, 2024
Fabric/craft supplies retailer Joann is reportedly considering a bankruptcy filing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...