Retail’s Abysmal Week: Will Liquidation Sales Follow?
PYMNTS
MAY 8, 2020
As the number of retail bankruptcies start to pile up from companies whose final destruction was caused by the coronavirus pandemic, we are about to see a massive round of close-out, going-out-of-business, liquidation sales,” says Forbes. Next week could also see a shift toward mergers and acquisitions (M&A).
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