Inside Saks Fifth Avenue's fight for its life: How a tumultuous 12 months left the retailer on the brink of bankruptcy

Tech Insider : Business, Economy, Technology
Torn Black Saks Fifth Avenue Shopping Bag.
Saks Global, the company behind some of the most iconic luxury department stores, is in trouble.

Getty Images; Alyssa Powell/BI

Bankruptcies are exploding across the economy, hitting small businesses and households. Few industries are immune.

Tech Insider : Economy, Economy, Business
bankrupt signage.
US bankruptcies are on the rise.

doockie/Getty Images

Red Lobster's CEO joined 3 months after the bankruptcy. He says morale was 'very low' and people were 'beat down.'

Tech Insider : Business
Red Lobster CEO Damola Adamolekun is pictured.
Red Lobster CEO Damola Adamolekun is trying to turn the company around after it filed for bankruptcy.

Paula Lobo/American Broadcasting Companies, Inc. via Getty Images

Tricolor's founder compared the auto lender to Enron in private call: Feds

Tech Insider : Business
Tricolor Dealership

Bloomberg/Bloomberg via Getty Images

iRobot filed for bankruptcy: How the Roomba maker got here

Tech Insider : Business, Technology
iRobot's Roomba vacuums.
iRobot, the parent company of Roomba, filed for Chapter 11 bankruptcy protection.

Justin Sullivan/Getty Images

Hollywood post-production firm tied to Al Pacino project files for Chapter 11 after parent company touted $1B financing

Tech Insider : Business
Tim Chonacas and an image of the Hollywood sign.
Tim Chonacas co-founded Gold Tree Studios in Hollywood.

Jordan Naylor/Getty Images for SXSW; Patrick T. Fallon / AFP via Getty Images

Pizza chain once backed by NBA star Kevin Durant hits bankruptcy court

Tech Insider : Business, Crypto
Kevin Durant (L) next to a Pieology storefront
Kevin Durant (L) next to a Pieology storefront

Getty Images/BI composite

The maker of the Yankees' 'official' clock files for bankruptcy after smartwatch bet backfires

Tech Insider : Business
Yankee Stadium

Mary DeCicco/MLB Photos via Getty Images

Restaurant chain K&W Cafeteria abruptly closes all its locations after 88-year run

Tech Insider : Business, Environment, Style
K&W Cafeteria outpost
K&W Cafeteria shuttered all of its locations this week.

Kristoffer Tripplaar/Sipa USA/ Reuters

Popular fashion brands that filed for bankruptcy in 2025

Tech Insider : Business, Economy, Environment
Forever 21
Forever 21 filed for bankruptcy in March.

Kevin Carter/Getty Images

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