Consumer & retail coverage

chapter 11 and restructuring coverage across Consumer & retail.

86 articles

Showing 13 to 24 of 86 coverage articles

Week of May 18, 2026

BowFlex: $37.5M Sale to Johnson Health Tech

BowFlex 2024 New Jersey chapter 11 produced a $37.5M 363 sale to Johnson Health Tech, followed by an August liquidation plan and liquidating trust.

Consumer & retail

May 22

Del Monte Foods Wins Approval of $509M Sale, Wind-Down Plan

Del Monte Foods sold substantially all business segments for about $509M and won approval of a joint chapter 11 wind-down plan in New Jersey.

Consumer & retail

May 20

West Marine Bankruptcy: $549.2M in Debt, Dual-Track Plan Targets July Confirmation

West Marine filed prenegotiated chapter 11 May 17, 2026 in Delaware (26-10794-KBO) with $549.2M in funded debt and a dual-track plan backed by 96.2% of term loan holders. Oaktree and L Catterton-backed boating retailer targets recapitalization or asset sale; combined hearing July 30, 2026.

PrenegotiatedConsumer & retail

May 18

Food52: Liquidating Plan Heads to Confirmation After $13.4M Sale

Food52, Inc.—renamed Salt House, Inc.—filed chapter 11 in Delaware after a December 2025 Avidbank cash sweep. Its three brands sold for $13.375 million, and a chapter 11 plan of liquidation projecting roughly 9% for unsecured creditors heads into confirmation.

Consumer & retail

May 18

Saks Global: $1.24B DIP Plan Confirmed, Debt Cut Nearly 75%

Saks Global filed chapter 11 in January 2026 with $3.4B in funded debt following its Neiman Marcus acquisition. The court confirmed a dual-path plan June 5, 2026: DIP lenders own the reorganized company covering Saks Fifth Avenue, Neiman Marcus, and Bergdorf Goodman; Saks OFF 5TH liquidates.

FreefallConsumer & retail

Week of May 11, 2026

May 14

The LYCRA Company: Prepackaged Plan Confirmed to Eliminate $1.5 Billion in Debt

The LYCRA Company, the global spandex and fiber technology provider, filed a prepackaged chapter 11 in S.D. Tex. to eliminate $1.534 billion in funded debt. Under the plan, senior secured term loan lenders receive 100% of reorganized equity, while Euro and Dollar noteholders receive only warrants.

PrepackagedConsumer & retail

May 13

Ascena Retail Group: GUC Trust Wind-Down Keeps Case Open

Ascena Retail Group’s chapter 11 case now centers on the Ascena GUC Trust, unresolved unsecured-claim administration, and the reasons the Virginia cases remain open in 2026 after a 2021 effective date.

PrenegotiatedConsumer & retail

May 13

Stein Mart: Final Close Nears After Retail Liquidation

Stein Mart's chapter 11 is nearing final close after liquidation, IP sale, plan confirmation, and long-tail claims administration.

Consumer & retail

May 13

Society Pass: Jointly Administered SoPa Chapter 11 Opens in Houston

Society Pass and SoPa opened jointly administered chapter 11 cases in Houston. The early docket shows Society Pass as lead debtor, SoPa's $11.85M disputed claim, and no filed DIP terms yet.

FreefallConsumer & retail

Week of May 4, 2026

May 6

DirectBuy Home Improvement (Z Gallerie): Liquidation Trust and Trustee Litigation

DirectBuy Home Improvement (d/b/a Z Gallerie) filed chapter 11 in D.N.J. on Oct 16, 2023 — its third bankruptcy in 14 years. B. Riley liquidated 21 stores; Karat Home bought e-commerce assets for \~$7.2M. Plan effective Apr 30, 2024; trust now pursuing preference recoveries.

Consumer & retail

May 5

Shopko: Freefall Liquidation and $15.5M Sun Capital Settlement

Shopko filed chapter 11 in the District of Nebraska on January 16, 2019, with $403M in funded debt and 300+ stores. The plan-sponsor auction failed, resulting in full liquidation. A $15.5M Sun Capital settlement resolved fraudulent-transfer and fiduciary claims and anchored the confirmed plan.

FreefallConsumer & retail

May 5

NBG Home: Quoizel Emerges From Sycamore's $413M Home Décor Chapter 11

Sycamore-backed home décor wholesaler NBG Home filed chapter 11 in S.D. Texas Feb 2023 with $413M in funded debt. KKR and Silver Point provided $60M in DIP financing and served as plan sponsors. The hybrid plan reorganized Quoizel and wound down the AHD entities via cramdown confirmation.

PrenegotiatedConsumer & retail