The retailer once triumphed over rivals as a "category killer" with its blue coupons. Now, it's become rudderless, turbulent and broke. Here's what happened.
The retailer, which also owns the BuyBuy Baby chain, has lost shoppers and money after a series of ineffective or mistimed turnarounds. It plans to close stores.
A federal judge has allowed a Johnson & Johnson spinoff to proceed with a controversial bankruptcy, despite complaints from thousands who say they were harmed by the company's baby powder.
The restaurant chain, which first opened 62 years ago, says it wants to keep all of its locations open. There are more than 100 Sizzler restaurants in the U.S.
Three months after filing for bankruptcy, Pier 1 said it plans to liquidate as soon as it can reopen stores that have been closed because of the coronavirus pandemic.
The clothing retailer's troubles predate the health crisis. Other stores, like J.C. Penney and Neiman Marcus, are also struggling to survive extended closures.
The popular fashion retailer is the latest in a long list of brands to fall victim to online retailers and less foot traffic in malls. The company said it may close up to 178 U.S. stores.
The maker of a highly addictive fentanyl-based drug wants to sell its assets to pay some $250 million in debts. The move could let the company out of part of the settlement deal reached last week.