UPDATE 2-J. Crew files for bankruptcy as preppy retailer succumbs to COVID-19 fallout
J. Crew Group Inc filed for bankruptcy
protection on Monday with a plan to hand over control to
lenders, adding to a list of brick-and-mortar retailers pushed
to the brink by widespread store closures in response to the
COVID-19 pandemic.
protection on Monday with a plan to hand over control to
lenders, adding to a list of brick-and-mortar retailers pushed
to the brink by widespread store closures in response to the
COVID-19 pandemic.
Posted by Reuters
