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Retail

Retail reckoning: CaaStle, Hudson’s Bay, and Forever 21 lead grim wave of 2025 liquidations

The first half of 2025 has been marred by an increasing number of retailers and their partners descending into bankruptcy, and ultimately liquidation, as the market continues to grapple with waning consumer confidence and heightened competition. From Forever 21 to Hudson’s Bay, we explore some of the most notable bankruptcies of the year so far,...

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Business

CaaStle founder charged over alleged 300 million dollar fraud scheme

Christine Hunsicker, the founder of bankrupt rental platform CaaStle, has been criminally charged over a 300 million dollar fraud case. Hunsicker has been accused of “defrauding investors of hundreds of millions of dollars through document forgery, fabricated audits, and material misrepresentations about her company’s financial condition”, US...

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