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Chicago
fromFast Company
6 days ago

Saks Fifth Avenue store closures update: See the full list of doomed locations in 12 states

Saks Global announced 15 additional store closures on March 6, 2026, as part of restructuring following its January bankruptcy filing, with closing sales beginning March 13, 2026.
Upper West Side
fromNewsday
1 week ago

Long Island's last Saks Fifth Avenue store to close

Saks Global Enterprises is closing 12 Saks Fifth Avenue stores and three Neiman Marcus locations, including the last Saks on Long Island, as part of restructuring following bankruptcy.
Business
fromBusiness Insider
2 weeks ago

Endless Shrimp was Red Lobster's rock bottom. Now it's clawing back.

Red Lobster's new CEO Damola Adamolekun is executing a turnaround strategy focused on menu fixes, restaurant refreshes, and brand buzz generation, successfully reversing the chain's bankruptcy decline through narrative shift and operational improvements.
Business
fromEntrepreneur
1 month ago

How Red Lobster's CEO Quietly Turned the Chain Around

Red Lobster's turnaround shows improved sales and traffic, but further closures, cost cuts, and strategic restructuring remain necessary before recovery completes.
fromBusiness Insider
3 months ago

10 companies that bounced back after bankruptcy

Chapter 11 protections allow companies to reorganize debts in order to become profitable again. Companies like Hooters, Marvel, Converse, and GM have used the process to come back stronger. Here are 10 household name brands that have bounced back after filing for bankruptcy. Bankruptcy often marks the end of a company - but not always. While corporate bankruptcies have been on the rise in recent years, some brands have used the process to rebuild.
Business
E-Commerce
fromForbes
4 months ago

The Digital Divide: How Luxury Learned Being Omni Isn't For Everyone

Luxury e-commerce is collapsing as scale erodes exclusivity, causing bankruptcies, restructurings, platform closures, and brands to retreat from multi-brand online marketplaces.
Food & drink
fromTasting Table
5 months ago

Red Lobster's Rebrand Was Nothing Like Cracker Barrel's, And It Worked - Tasting Table

Red Lobster's targeted rebrand combined menu changes, leadership shifts, and nostalgic marketing to revive sales and appeal to younger customers.
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