Just when it seemed like all of the retailers and consumer-related credits that could restructure already did, and TMT and healthcare would dominate the restructuring headlines for 2024, the holiday season results started pouring in for retailers and fast casual food chains.

It turns out a lot of leftover tenants in strip malls and shopping centers across the country have a medley of unresolved issues including secular decline, too much leverage…and the cost of shrimp.

9fin reported on fabric and craft store company Jo-Ann Stores trying to raise funds from current lenders and there's a steering group.

Kids clothing chain The Children’s Place hired restructuring advisors who will address a covenant default after Saudi Investment firm Mithaq Capital bought a majority of the company in the open market, causing the stock to surge.

Apparel concern Express is reportedly preparing for bankruptcy. Canadian-based department store operator Hudson's Bay, owner of Saks, has been looking for financing. Department store chain Belk engaged lenders on a new round of restructuring.