Bankruptcies

The U.S. bankruptcies have soared to levels not seen in years. Through the first seven months of 2025, 446 large companies have gone under. That number is 12% above the 2020 pandemic wave and the highest for this stretch since 2010. July alone saw 71 filings, the highest single-month count since...

The U.S. economy is on the precipice of a corporate bankruptcy wave, potentially leading to a significant increase in job losses, warns Danielle DiMartino Booth, a Wall Street forecaster. What Happened: Booth, the CEO of QI Research, noted that this is the highest number of bankruptcies recorded...

In a significant shift, corporate bankruptcies are rapidly increasing in most developed economies. This rise is attributed to the receding pandemic-era support and increasing borrowing costs. What Happened: As reported by the Financial Times on Monday, there has been a 30% upsurge in corporate...

Customers of Bed Bath & Beyond (NASDAQ: BBBY) have been accustomed to using the popular 20% off any single item coupons the retailer has mailed out for years. With the retailer filing for bankruptcy and ending the use of the coupon, customers could be searching for new places to shop...

Is retail in trouble? The answer certainly varies depending on who you ask and how they define retail. According to a Bloomberg report, there could be more than 8,000 store closures in 2017, which would surpass 2008's peak of around 6,200. Most recently, Payless Inc. said it will close hundreds of...