Today: 20 May 2026
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Bankruptcy 7 December 2025 - 27 April 2026

Wren Kitchens Collapse: Customers Chase Refunds As U.S. Arm Files Chapter 7

Wren Kitchens Collapse: Customers Chase Refunds As U.S. Arm Files Chapter 7

Wren Kitchens’ U.S. parent filed for Chapter 7 bankruptcy in Delaware after abruptly closing all U.S. showrooms and in-store studios, leaving customers with unfinished kitchen orders and employees without notice. The April 24 petition listed assets and liabilities of $100 million to $500 million. Connecticut’s consumer protection agency is investigating. Home Depot said it had no advance warning of the closures.
27 April 2026
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QVC Bankruptcy Filing: Home-Shopping Pioneer Seeks Fast Chapter 11 to Cut More Than $5 Billion of Debt

QVC Bankruptcy Filing: Home-Shopping Pioneer Seeks Fast Chapter 11 to Cut More Than $5 Billion of Debt

QVC Group filed for Chapter 11 bankruptcy in Texas on Thursday, aiming to cut debt to $1.3 billion from $6.6 billion while keeping QVC and HSN running. The company reported an $2.4 billion net loss in 2025 and an 8% revenue drop. U.S. operations are affected; international units are not. QVC expects to exit bankruptcy in about 90 days and warned shareholders of a total loss.
17 April 2026
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QVC Group stock (QVCGA) plunges on creditor-talks report as bankruptcy risk comes into view

QVC Group stock (QVCGA) plunges on creditor-talks report as bankruptcy risk comes into view

QVC Group shares fell 66% to $3.74 Tuesday after reports of debt restructuring talks that could involve Chapter 11 bankruptcy. Trading was briefly halted as the stock swung between $2.88 and $11.16, with 1.5 million shares traded. QVC reported $6.6 billion in debt as of September 30. Investors await the company’s quarterly results on February 26 for updates on liquidity.
11 February 2026
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Eddie Bauer bankruptcy: liquidation sales begin as 180-store operator seeks buyer

Eddie Bauer bankruptcy: liquidation sales begin as 180-store operator seeks buyer

Eddie Bauer’s store operator filed for Chapter 11 bankruptcy in New Jersey and began liquidation sales at about 180 U.S. and Canadian locations. The company listed $1.7 billion in debt and set a March 12 deadline for a court-approved sale. E-commerce and wholesale operations are not included in the filing. Most stores will remain open during the process, with closures possible if no buyer is found.
10 February 2026
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Eddie Bauer Canada faces store sale and liquidation as bankruptcy process spreads north

Eddie Bauer Canada faces store sale and liquidation as bankruptcy process spreads north

Eddie Bauer is seeking a buyer for its North American stores after filing for bankruptcy protection in the U.S. and plans to seek court protection in Canada. Liquidation sales have begun, but stores remain open. The company lists 31 stores in Canada, mostly in Ontario, and warns it may wind down operations if no buyer is found. E-commerce and wholesale businesses are not affected.
9 February 2026
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Saks pulls plug on “Saks on Amazon” as luxury e-commerce bet unravels in bankruptcy

Saks pulls plug on “Saks on Amazon” as luxury e-commerce bet unravels in bankruptcy

Amazon will continue its luxury storefront without Saks Fifth Avenue as Saks Global ends their partnership during its Chapter 11 restructuring. Saks is closing 62 off-price outlets and shifting focus to Saks.com. Amazon, a stakeholder in Saks, is disputing parts of Saks’ bankruptcy financing in court. The split follows limited brand participation in the “Saks on Amazon” venture.
4 February 2026
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Fatburger owner FAT Brands files Chapter 11 bankruptcy, pulling Twin Peaks parent Twin Hospitality into court

Fatburger owner FAT Brands files Chapter 11 bankruptcy, pulling Twin Peaks parent Twin Hospitality into court

FAT Brands and affiliate Twin Hospitality filed for Chapter 11 bankruptcy in Houston, citing $1.4 billion in debt and missed interest payments. Court documents show FAT Brands has just $2.1 million in cash. Shares of both companies fell by about a third in late trading. Restaurants, including Fatburger, Johnny Rockets, Twin Peaks, and Smokey Bones, will remain open.
28 January 2026
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Saks Global files for bankruptcy: $1.75 billion financing, new CEO and a test for luxury suppliers

Saks Global files for bankruptcy: $1.75 billion financing, new CEO and a test for luxury suppliers

Saks Global, owner of Saks Fifth Avenue, Neiman Marcus, and Bergdorf Goodman, filed for Chapter 11 bankruptcy in Texas after missing a $100 million interest payment tied to its Neiman Marcus acquisition. The company reported $1.75 billion in financing, including $1 billion in debtor-in-possession funding, and expects stores to remain open. Geoffroy van Raemdonck replaced Richard Baker as CEO. Major luxury suppliers are listed as unsecured creditors.
14 January 2026
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Saks Global bankruptcy filing: Saks Fifth Avenue and Neiman Marcus seek Chapter 11 with $1.75 billion lifeline

Saks Global bankruptcy filing: Saks Fifth Avenue and Neiman Marcus seek Chapter 11 with $1.75 billion lifeline

Saks Global filed for Chapter 11 bankruptcy in Texas late Tuesday, securing $1.75 billion in financing to keep Saks Fifth Avenue, Bergdorf Goodman, and Neiman Marcus running. Former Neiman Marcus chief Geoffroy van Raemdonck replaced Richard Baker as CEO. Court filings list up to $10 billion in assets and liabilities, with major creditors including Chanel and Kering. Stores and websites remain open, the company said.
14 January 2026
U.S. bankruptcies hit a 15-year high as Trump tariffs and high rates squeeze companies

U.S. bankruptcies hit a 15-year high as Trump tariffs and high rates squeeze companies

At least 717 U.S. companies filed for bankruptcy through November 2025, the highest total since 2010, S&P Global Market Intelligence reported. Industrial firms led with 110 filings, followed by consumer discretionary and healthcare. Large bankruptcies included Spirit Airlines and Del Monte Foods. Small-business and personal bankruptcies also rose in November, industry groups said.
29 December 2025
Hooters Singapore Is Closing: Clarke Quay Outlet to Shut Jan. 31, 2026 as Brand Rebuilds After Bankruptcy and “Wrong Wing Sauce” Revelation

Hooters Singapore Is Closing: Clarke Quay Outlet to Shut Jan. 31, 2026 as Brand Rebuilds After Bankruptcy and “Wrong Wing Sauce” Revelation

Hooters will close its Clarke Quay restaurant, its only Singapore outlet, on Jan. 31, 2026, after 30 years. The closure follows manpower shortages, slow sales, and the owner’s retirement, according to managing director Selena Chua. The outlet opened in 1996 as Hooters’ first franchise in Asia. Most staff are expected to move to a new, non-Hooters bistro.
28 December 2025
Reliance Infrastructure Trading Restricted Under IBC Stage 1 on Dec 22, 2025; Reliance Power Slides as Investors Seek Clarity

Reliance Infrastructure Trading Restricted Under IBC Stage 1 on Dec 22, 2025; Reliance Power Slides as Investors Seek Clarity

Reliance Infrastructure Ltd. was placed under restricted trading linked to the Insolvency and Bankruptcy Code on December 22, 2025, prompting confusion among retail investors and a sharp drop in Reliance Power Ltd. Trading was limited to a “once-a-week” sell-only window on some platforms, with holdings disappearing from certain broker terminals. Liquidity concerns and regulatory uncertainty drove volatility across Anil Ambani-group stocks.
22 December 2025
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Luminar Technologies (LAZR) Stock: Chapter 11 Sale Process, $110M Photonics Deal, and Nasdaq Delisting Countdown (Dec. 22, 2025)

Luminar Technologies (LAZR) Stock: Chapter 11 Sale Process, $110M Photonics Deal, and Nasdaq Delisting Countdown (Dec. 22, 2025)

Luminar Technologies filed for Chapter 11 bankruptcy on Dec. 15 and agreed to sell its photonics unit to Quantum Computing Inc. for $110 million in cash. The company faces imminent Nasdaq delisting as shares trade on heavy volume. About 91% of first-lien and 86% of second-lien noteholders support the restructuring, with $25 million in cash collateral approved to fund operations during the process.
22 December 2025
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iRobot Stock (IRBT) Plunges After Chapter 11 Bankruptcy Filing: Picea Deal, Nasdaq Delisting Date, and Investor Outlook (Dec. 16, 2025)

iRobot Stock (IRBT) Plunges After Chapter 11 Bankruptcy Filing: Picea Deal, Nasdaq Delisting Date, and Investor Outlook (Dec. 16, 2025)

iRobot will suspend Nasdaq trading on December 22, 2025, after filing for Chapter 11 bankruptcy and reaching a deal to transfer ownership to Shenzhen PICEA Robotics. The company warned shareholders they are expected to receive no recovery if the plan is approved. IRBT shares fell 73% to $1.18 on December 16 amid heavy volume. iRobot does not plan to appeal the delisting.
16 December 2025
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Colabor Group (TSX: GCL) Warns It May Seek Creditor Protection After Refinancing Deadline Missed

Colabor Group (TSX: GCL) Warns It May Seek Creditor Protection After Refinancing Deadline Missed

Colabor Group Inc. failed to secure required refinancing commitments by the December 15 deadline and is considering creditor protection, warning operations could be “seriously affected.” Shares plunged over 60% to about $0.065 after the announcement. The company continues talks with lenders but says there is no guarantee of a long-term solution.
15 December 2025
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iRobot Bankruptcy: Roomba Maker Files for Chapter 11, Picea Robotics to Acquire and Take Company Private

iRobot Bankruptcy: Roomba Maker Files for Chapter 11, Picea Robotics to Acquire and Take Company Private

iRobot filed for Chapter 11 bankruptcy in the U.S. and agreed to transfer ownership to Shenzhen PICEA Robotics, its main contract manufacturer and lender. The company said Roomba products and services will continue without interruption. iRobot shareholders are expected to lose their equity, and the firm will go private under Picea. The bankruptcy follows heavy competition, rising costs, and new U.S. tariffs on imported vacuums.
15 December 2025
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iRobot Corporation Stock (IRBT) in Focus: Chapter 11 Bankruptcy, Picea Buyout Plan, and What It Means for Shareholders (Dec. 15, 2025)

iRobot Corporation Stock (IRBT) in Focus: Chapter 11 Bankruptcy, Picea Buyout Plan, and What It Means for Shareholders (Dec. 15, 2025)

iRobot filed for pre-packaged Chapter 11 bankruptcy on December 14–15, 2025, and agreed to transfer ownership to Shenzhen PICEA Robotics. The company expects all existing equity to be cancelled, with no recovery for common shareholders, and plans to go private. IRBT shares traded around $4.32 after the announcement, far below their $161.16 all-time high.
15 December 2025
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Spirit Airlines Bankruptcy: Dec. 13 Funding Deadline Fuels Shutdown Fears as American Airlines Expands at Chicago O’Hare

Spirit Airlines Bankruptcy: Dec. 13 Funding Deadline Fuels Shutdown Fears as American Airlines Expands at Chicago O’Hare

Spirit Airlines faces a key Chapter 11 funding deadline today, with access to $100 million in DIP financing at stake. Rival airlines are preparing contingency plans for a possible Spirit shutdown, while Spirit insists operations remain normal. American Airlines has bought Spirit’s O’Hare gates and joined the bankruptcy docket. Hundreds of Spirit flights are scheduled during the peak holiday period.
13 December 2025
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Nasdaq: NKLA (Now NKLAQ) Stock in December 2025 – Bankruptcy, Delisting and the Final Chapter for Nikola Shareholders

Nasdaq: NKLA (Now NKLAQ) Stock in December 2025 – Bankruptcy, Delisting and the Final Chapter for Nikola Shareholders

Nikola Corporation filed for Chapter 11 bankruptcy on February 19, 2025, and was delisted from Nasdaq on April 14. Shares now trade over-the-counter as NKLAQ at $0.0026, with a market cap near $310,000. A bankruptcy court approved a liquidation plan in September canceling all common stock with no payout to shareholders, expected to take effect in December.
7 December 2025
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Stock Market Today

  • ASX Penny Stocks: Audinate Group, Alcidion Group, and Austin Engineering Highlighted
    May 19, 2026, 10:46 PM EDT. The Australian stock market faces uncertainty due to high U.S. bond yields and inflation concerns. Investors eye penny stocks-smaller companies with growth potential at lower prices. Audinate Group (A$191.43M market cap) is unprofitable but debt-free, showing strong assets over liabilities and a 14.5% expected revenue growth. Alcidion Group (A$147.72M) is debt-free, profitable with recent net income of A$1.33 million, and forecasted earnings growth of 28%, boosted by a strategic acquisition in healthcare software. Austin Engineering (A$115.28M) specializes in mining equipment manufacturing. These companies highlight different paths to stability and growth amid broader market volatility.

Latest articles

Wall Street Hit by Yield Jolt With Nvidia Up Next

Wall Street Hit by Yield Jolt With Nvidia Up Next

20 May 2026
U.S. stock ETFs remained lower late Tuesday after Wall Street’s main indexes fell for a third straight session, pressured by rising Treasury yields and caution ahead of Nvidia’s earnings. The SPDR S&P 500 ETF dropped 0.7% to $733.73. The 10-year Treasury yield hit 4.687%, its highest since January 2025, before easing. Nvidia shares slipped 0.7% after hours, with traders bracing for a major move post-earnings.
Viavi Stock Drops After $500 Million Share Sale Plan — The Debt Move Investors Can’t Ignore

Viavi Stock Drops After $500 Million Share Sale Plan — The Debt Move Investors Can’t Ignore

20 May 2026
Viavi Solutions shares dropped 7.1% in after-hours trading Tuesday after the company announced a $500 million public stock offering aimed at repaying debt. The offering, unveiled just after the Nasdaq close, could add roughly 10.1 million new shares. Viavi plans to use proceeds to pay down a $450 million loan. Total debt would fall to $650 million, according to a preliminary SEC filing.
Analog Devices Shares Rally After $1.5B AI Power Deal Ahead of Earnings

Analog Devices Shares Rally After $1.5B AI Power Deal Ahead of Earnings

20 May 2026
Analog Devices agreed to acquire Empower Semiconductor for $1.5 billion in cash, sending ADI shares up 1.36% to $419.95 in after-hours trading after closing down 1.02%. The deal, approved by both boards, is expected to close in the second half of 2026 pending regulatory review. Empower CEO Tim Phillips will continue to lead integrated voltage regulator work after the merger.
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