Chapter 11 Watch: Sports Authority Sends Shockwaves, Gap Pulls Back
PYMNTS
MAY 26, 2016
Now, when a retailer with regional and sometimes even international reach crumbles under the weight of its own lagging financials, the shockwaves it sends across the industry can be enough to throw its competitors – otherwise ecstatic about the loss of a rival – onto unbalanced footings of their own. Bankruptcies.
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