The Economic Times

US bankruptcies surge in 2026: Eddie Bauer, Saks Global, Fat Brands, Francesca and more are struggling - is corporate collapse coming?

US company bankruptcies 2026: Large US companies are facing a tough start to 2026, with nine major businesses filing for bankruptcy last week, marking the highest three-week average since the 2020 pandemic. At least 18 companies with over $50 million in liabilities have gone under, impacting sectors like retail and restaurants due to rising debt, inflation, and changing consumer habits.