Saturday, February 17, 2024

"15 Retailers Facing Imminent Bankruptcy In 2024"

Full screen recommended.
Epic Economist, 2/17/24
"15 Retailers Facing Imminent Bankruptcy In 2024"
"In 2024, many retailers are facing tough times, possibly even bankruptcy. Some big names like Ascena Retail, known for Ann Taylor and others, are struggling with high debt and stock prices dropping. Joann, the craft store, had ups and downs during the pandemic but now faces high bankruptcy risks. Even popular brands like Peloton and Beyond Meat are feeling the squeeze. With challenges like declining sales and layoffs, companies like Rent the Runway and Marley Spoon are also on shaky ground. Even well-known names like The Container Store and Fossil Watches are facing uncertain futures."
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