Another wave of retail bankruptcies could be on the way

By George Angelich and Brett Goodman (July 15, 2022, 2:27 p.m. EDT) – After years of struggling major retailers and malls before the COVID-19 pandemic and the most vulnerable retailers filing for bankruptcy in In its immediate wake at the start of 2020, the US economy rebounded strongly on the back of government assistance and low interest rates.

Due to sustained economic growth and consumer spending, Chapter 11 bankruptcy filings, particularly those in the retail sector, reached historic lows towards the end of 2020 and into 2021 .

However, some economic shifts have begun to trigger a surge in distress in the retail sector.

Since the economy rebounded after the first months of…

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