Popular retail chain files for Chapter 11 bankruptcy, seeks buyer

The iconic retail chain files for Chapter 11 bankruptcy, facing macroeconomic headwinds.

Jan 16, 2025 - 02:30
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Popular retail chain files for Chapter 11 bankruptcy, seeks buyer

The Covid-19 pandemic used to be detrimental to plenty of retail chains all the best diagram by diagram of the height of the pandemic within the early months of 2020. Many needed to shut down for prolonged intervals and reopenings restricted prospects in stores to adhere to public distancing measures.

Optimistic outlets were now now not affected as grand by the shutdowns and public distancing measures since their alternate units were already accustomed to comparatively loads of the measures earlier than the pandemic.

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