Monday, February 3, 2020

More retailers file for bankruptcy twice as they struggle with rising debt, pressure from Amazon

CNBC
In the last decade, numerous retail chains have filed for bankruptcy protection twice. Examples include Barneys New York, RadioShack, Wet Seal and American Apparel.

It’s a scenario that’s getting more common for traditional retailers as they find themselves under pressure from a sea change in where and how people are shopping.. . . more