Saks Global Enterprises has filed for Chapter 11 bankruptcy protection, barely a year after its $2.7B takeover of Neiman Marcus saddled it with a substantial debt load, marking one of the largest ...

STG Logistics Inc., one of the largest firms in the nation’s logistics industry, filed for Chapter 11 bankruptcy protection Jan. 12. At the same time, STG also said it entered into a restructuring ...

Prairie Eye Center, a Springfield-based optometry group, filed for Chapter 11 bankruptcy on Dec. 29, 2025. The company reported a net loss of over $643,000 in 2024 and has liabilities of $10.6 million ...

Buckling under the weight of financial pressures, Saks Global filed for bankruptcy late Tuesday, naming a previous CEO of Neiman Marcus to lead the company. The New York company filed for Chapter 11 ...

Another popular breakfast restaurant chain has been hit with financial troubles, and is now filing for Chapter 11 bankruptcy protection. Taste of Belgium made the move to reorganize its business while ...

Correction: The initial article misidentified the party in a bankruptcy filing as Shoshanna Lonstein. Shoshanna Lonstein has no affiliation whatsoever — and never has — with the responsible party, ...

The parent of Saks Fifth Avenue and Neiman Marcus filed for bankruptcy protection, barely a year after an ambitious bet on luxury department stores brought the two storied retailers together in what ...

Stoli Group filed to convert two of its U.S. companies from chapter 11 to chapter 7 bankruptcy after the company could not reach a restructuring agreement with its senior lender. Control of Stoli ...

Saks Global officially filed for Chapter 11 bankruptcy protection. The move happened in the U.S. Bankruptcy Court for the Southern District of Texas, according to a statement from the New York-based ...

STG Logistics filed for bankruptcy on Monday, aiming to shore up its balance sheet amid a legal battle with a couple of lenders over its restructuring efforts. The logistics-service provider’s chapter ...

Saks Global sought Chapter 11 protection as debt, slowing sales and shifting luxury shopping habits squeezed the business Bing Guan/Bloomberg via Getty Saks Global filed for Chapter 11 bankruptcy ...

After nearly half a century in the business, a trucking company has filed for bankruptcy. This news signals the latest of what’s being called the “Great Freight Recession,” during which a demand for ...