Wall Street s 6 Painful Lessons From Year of Epic Debt Fights 1490wosh.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from 1490wosh.com Daily Mail and Mail on Sunday newspapers.
TIRACHARD-FREEPIK
ITâS BEEN A TOUGH YEAR for all sorts of businesses. For clothing stores, 2020 has been extraordinarily grim.
The lockdowns in the spring took a considerable toll, of course. But even in June, as nonessential retailers were beginning to reopen their doors and, in some cases, reported upbeat signals about returning foot traffic, the worst was not over for apparel chains. In fact, it was just getting started. July and August brought a raft of failures: Lucky Brand, Brooks Brothers, and Ann Taylorâs parent company filed for bankruptcy; so did New York & Co.âs corporate parent as well as the storied department store Lord & Taylor, which soon resulted in those two chains liquidating. The pain continues: Francescaâs, a womenâs clothier with 558 stores, filed for bankruptcy this month.
Valley Mall owner completes financial restructuring heraldmailmedia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from heraldmailmedia.com Daily Mail and Mail on Sunday newspapers.
2020 Bankruptcy Trends And Sectors To Watch In 2021 By
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2020 s Retail Wipeouts Warn of Permanent Pain - The Washington Post washingtonpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from washingtonpost.com Daily Mail and Mail on Sunday newspapers.