Retail Bankruptcies, Closures Faster This Year Than Last
PYMNTS
SEPTEMBER 12, 2019
Last year’s lackluster holiday season contributed to 10 retailers filing for bankruptcy in 2019’s first quarter alone, including Payless, Gymboree and Charlotte Russe. The reported noted that a subpar 2018 holiday season was a main factor, with December retail sales dropping 1.6
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