Can these 13 retailers survive coronavirus? Permanent store closings, bankruptcies coming
Posted on May 8, 2020 - Nathan Bomey USA TODAYRetailers that were already struggling before the coronavirus pandemic started are beginning to crumble.Fashion chain J. Crew Group and luxury department store retailer Neiman Marcus Group filed for Chapter 11 bankruptcy protection in the first week of May as they faced mounting losses with their stores temporarily closed.While both companies are planning to remain in business, bankruptcy poses the possibility of permanent store closings or outright liquidation as COVID- […]