Here's what we are reading this morning:
The Container Store could file bankruptcy if Beyond equity deal fails | Retail Dive: The Container Store said in a regulatory statement that the company would explore scaling back, discontinuing part of all of its operations or seeking bankruptcy protection if a pending equity deal with Beyond falls through
Esprit US subsidiaries file for bankruptcy | Fashion Dive: The Chapter 7 notices come in the wake of more than a dozen similar filings from Esprit Holdings subsidiaries around the world
Purdue Pharma nears new bankruptcy deal with Sacklers, mediator says | Reuters: Purdue Pharma is close to a new bankruptcy settlement with its owners, members of the wealthy Sackler family, and state and local governments that have filed lawsuits alleging that its painkiller OxyContin spurred a deadly opioid-addiction crisis in the U.S., a court-appointed mediator said on Thursday
Hearthside Mulls Creditor Takeover in Bankruptcy - Bloomberg: Hearthside Food Solutions’ private equity owners are preparing to hand control to creditors, potentially as part of a bankruptcy filing, according to people with knowledge of the plans.