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Brooks Brothers Leads More Fashion Retail Troubles

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The retail world was rocked by more bankruptcy news on Wednesday (July 8), as Brooks Brothers officially announced its long-rumored bankruptcy and women’s fashion icon Ann Taylor was reported to be preparing for a Chapter 11 filing. The filing in Delaware allows the retailer to stay open while it crafts a plan to emerge from Chapter 11.

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Bon-Ton Is The Next Retailer To File For Bankruptcy

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The retailer said it voluntarily filed for Chapter 11 bankruptcy protection in Delaware and is exploring a sale, Fortune reported. Before the announcement, Bon-Ton announced it would shutter 40 out of its 260 brick-and-mortar stores across its various brands.

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Sports Concessions, Dunkin’ To Test Mastercard Checkout-Free System

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Food and beverage stand operator Delaware North intends to test Shop Anywhere in Q4. Guests and fans coming into a stadium environment now want to quickly and safely get in and out with little to no wait times on entry and exit,” Delaware North Chief Information Officer Jeffrey Wilkinson said in the report.

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Jeans Maker True Religion Files For Chapter 11 Bankruptcy

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Premium jeans brand True Religion has filed for bankruptcy for the second time in three years, according to court filings. The court filing took place in Delaware on Monday, April 13. Due to the pandemic forcing stores to close, around a million employees of various brands and retailers have been furloughed.

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Le Pain Quotidien Is Latest Food Chain To File For Bankruptcy

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As The Wall Street Journal reported, the eatery hoped to avert a complete liquidation of its 98 locations in New York, the Mid-Atlantic, California, Illinois and Florida with a proposed $3 million sale of the business to Aurify Brands LLC. Under the terms of the deal, Aurify Brands would allow at least 35 of its U.S.

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Bon-Ton Stores Will Close By August

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Though the retailer has 250 locations, 38 of those stores are already in liquidation. Still, Bon-Ton said its eCommerce and mobile platforms will continue to operate as its stores are liquidated. Before that announcement, Bon-Ton had said it would shutter 40 of its 260 brick-and-mortar stores across its various brands.

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Amazon To Shut Down Free Sample Program

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A brand that wanted to take part in the program paid about $2 for each sample, in addition to the cost of the product. . Ron Wyden of Oregon, Chris Van Hollen of Maryland, Ed Markey of Massachusetts, Chris Coons of Delaware and Gary Peters of Michigan sent a letter Wednesday (Nov.

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