Plenty More Retailers Will Go Bankrupt This Year. The Only Surprise Is It Didn ’t Happen Sooner

The party is over for struggling retailers that enjoyed a pandemic-era boost of cheap loans and stimulus-driven spending. Retailers that have no business still being in business are starting to go out of business. This year is on track to be the worst year for retail bankruptcies since 2020, with…#bedbathbeyond #partycity #davidsbridal #chapter11 #neilsaunders #globaldata #saunders #riteaid #belk #stevedennis

Source: Reuters: Health - May 15, 2023 Category: Consumer Health News Source Type: news