Chapter 11 Filings Are Up 43 Pct YOY
PYMNTS
JULY 2, 2020
“We may be on borrowed time for job cuts in a number of industries…that were not necessarily distressed when we entered the pandemic,” she said, according to WSJ. Penney and home-goods retailer Pier 1, along with telecommunications company Frontier Communications. Penney, once a heavy hitter in the U.S.
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