These Retailers Might Just Go Bankrupt In 2020

Published on 06/25/2019
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These Retailers Might Just Go Bankrupt In 2019

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It might be a bit sad to say adieu to your favorite companies, but the world of business is a tough one indeed. There are times when the downfall is caused by outdated products or the convenience of online shopping. At any rate, there is little we can do when they come to the decision to shut down stores and apply for bankruptcy. Can you guess which retailers we are saying goodbye to this year? Read on to see if you got any of them right.

J. Crew

Did you know that former FLOTUS Michelle Obama is a big fan of J. Crew? We bet she is going to be sad to hear that it is going to be closing several stores due to declining sales in recent times. The company has shuttered its bridal store and even let go of creative director Jenna Lyons and CEO Millard “Mickey” Drexler. The latter said the act of raising prices caused problems for the company.

J. Crew

J. Crew

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