David's Bridal has appointed Kelly Cook as its new CEO as the company aims to transform from a traditional retailer into a media powerhouse and online marketplace for bridal products, following two bankruptcies.

The ongoing bankruptcy of FTX has cost nearly $1 billion in legal fees, with expectations that creditors may recover more than their initial investments despite the chaos at the company.

The article discusses the impact of private equity on the restaurant industry, highlighting how the involvement of private equity firms often leads to higher bankruptcy rates, particularly for chains like Red Lobster and TGI Fridays. Experts express criticism of private equity's financial tactics, but also note potential benefits.

Joann, a major fabric and craft supply retailer, is going out of business, closing all 800 stores after multiple bankruptcy filings and competition from online retailers.

Joann will permanently close all of its 800 fabric stores after failing to secure a buyer, signaling the end of an era for the long-standing fabric retailer.