Certain furniture and mattress retailers will face financial difficulties in 2026, after the industry found success in 2025. The furniture industry showed positive sales results in 2025, as the top 100 retailers posted a combined sales increase of 0.9% to $51.2 billion, based on furniture, bedding and accessories, after a two-year decline, according to Furniture…
Economic challenges, such as rising labor and product costs driven by inflation and rising leasing rates, have impacted pet supply retail operators, forcing several to file for bankruptcy, despite the industry’s financial strength. The pet industry has shown economic strength after sales increased about 3.7% in 2025, reaching $158 billion, according to the American Pet…
Online retailer QVC Group has entered voluntary Chapter 11 bankruptcy proceedings in the US after reaching a restructuring support agreement with most of its lenders. The parent company of QVC and HSN said the deal establishes a pre-packaged financial restructuring designed to significantly reduce debt and improve its balance sheet. The company said the process…
Radio used to have a monopoly on entertaining and informing people. Going back to before the advent of television, radio was literally the only way to get live news and entertainment. Even after television became the dominant medium, radio had a place in people’s cars and when they were on the go, where having only…
The fear of losing legacy brands is increasingly becoming a reality as even well-known retailers struggle to adapt to changing consumer preferences, rising operating costs, the growth of e-commerce and intensifying competition. Many long-standing companies that once dominated malls are now experiencing mass closures or disappearing entirely, proving that nostalgia and decades of brand history…
The pizza sector has faced an industrial crisis over the past two years, forcing major pizza chains to close hundreds of locations and, in some cases, file for bankruptcy. Among the economic problems, restaurants blame fierce competition, rising labor and food costs and high leasing rates that have forced several companies to launch restructurings. A…
Intermodal logistics services provider STG Logistics filed for Chapter 11 bankruptcy to restructure the company and reduce debt by nearly $1 billion. Filed in a New Jersey bankruptcy court, the port-to-door freight transportation and transhipment company entered into a restructuring support agreement with its lenders that eliminated approximately 91 percent of the company’s debt and…
Once a mall staple and a department store for generations of families since 1902, JCPenney has endured turbulent years marked by bankruptcies, mass store closings and restructuring efforts. Now, as the retailer continues its long road to recovery, another major setback has emerged. In July 2025, JCPenney entered into a cash deal worth $947 million…
Terraform Labs’ bankruptcy trustee has sued popular proprietary trading firm Jump Trading for allegedly benefiting from and contributing to the crypto company’s 2022 collapse, the Wall Street Journal reported on December 18. Launched in 2018, Terraform Labs was one of the leading crypto companies a few years ago. But the project’s twin cryptocurrencies, TerraUSD (UST)…
The pizza industry is one of the most competitive restaurant sectors in the US, with two pizza giants ranked among the top 8 fast food chains based on location in 2025. Domino’s had the sixth-most locations with 7,014, behind Subway (19,502), Starbucks (16,935), McDonald’s (13,559), Dunkin’ (9,768) and Taco Bell (7,604). Pizza Hut ranked eighth…
