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Bed Bath & Beyond Prepares to Wind Down Operations in Chapter 11

Retail TouchPoints

Bed Bath & Beyond has filed for Chapter 11 bankruptcy protection and will implement an orderly wind-down of its businesses while “conducting a limited marketing process” to find one or more buyers for some or all of its assets.

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Stein Mart Files For Chapter 11, Considers Closing All 281 Stores

Retail TouchPoints

In connection with the Chapter 11 filing, the retailer has terminated MaryAnn Morin as President, although she remains on the Board of Directors. The retailer filed its Chapter 11 petition in the U.S. compared to fiscal 2018. Bankruptcy Court for the Middle District of Florida – Jacksonville Division.

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Love, Bonito appoints first CEO in its 11-year history

Inside Retail

Female fashion brand Love, Bonito has promoted its chief operating officer Dione Song to CEO, the first time the 11-year-old company has had one. Song was hired by Love, Bonito co-founder Rachel Lim in 2018 as the company’s chief commercial officer, eight months after Lim met her at a networking event.

Fashion 130
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Footwear brand Rockport is back under bankruptcy protection

Inside Retail

US footwear brand and manufacturer Rockport Group has filed for bankruptcy under Chapter 11 in the District of Delaware, for the second time in five years. The struggling footwear retailer was rescued from Chapter 11 bankruptcy by private equity company Charlesbank Capital Partners in 2018.

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BuyBuy Baby to Reopen in Time for the Holidays

Retail TouchPoints

The BuyBuy Baby website will relaunch later this month and 11 brick-and-mortar stores will then reopen in November featuring “an elevated shopping experience” and revamped registry, according to a company representative. The BuyBuy Baby IP, digital properties and 11 store leases were acquired by Dream on Me in late July 2023.

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11 Things That Customer Service Workers Don’t Like

Re-Tales

AGAR and 99 others (@utterly_black) June 29, 2018. Working in retail was wild, people just tell you things about their personal life and you just stand there… Not knowin’ how to respond to “I’m going to a funeral” or “I’m getting a divorce” like that sucks… $13.48 is your total. Is that where that belongs? It’s not hard!

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Mattress Firm may close more stores but sees a turnaround in progress

Retail Wire

Mattress Firm expects its store count to hover in the 2,400 to 2,600 unit range, down about 700 when the chain filed for Chapter 11 protection in 2018. The retailer’s CEO, John Eck, said the company will continue to open some stores and close others as it seeks the right balance for the market.

Marketing 246