chapter11
2020 was a harsh year, especially for many retailers. It is estimated that over 160 consumer-facing businesses filed for bankruptcy last year, and this number includes more than 30 big retailers. Many of these retailers were already facing financial challenges even before the COVID-19 pandemic, but the lockdowns and other restrictions made it difficult for them to find stable ground. In this article, we will take a look at the ten biggest retail companies that went bankrupt in 2020. Q1 2021 hedge fund letters, conferences and more Ten Biggest Retail Companies That Went Bankrupt In 2020We have ...
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500 US companies file for bankruptcy and more expected, says GlobalDataQ2 2020 hedge fund letters, conferences and moreAmid the financial and economic crisis triggered by COVID-19, around 500 businesses have filed for bankruptcy since March 2020 and the trend is only set to persist in the coming months, says GlobalData, a leading data analytics company.Slowdown In Recovery Is Shutting Down BusinessesBindi Patel, Economic Research Analyst at GlobalData, says: “An increasing number of US companies are filing for bankruptcy. Various businesses continue to be disrupted, and all companies - whether...
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