These Retailers Might Just Go Bankrupt In 2020

Published on 06/25/2019
ADVERTISEMENT

Diesel USA

Diesel USA applied for bankruptcy on March 5, 2019, because of the “general downturn in the brick-and-mortar retail industry”, declining net sales, high leases, fraud, and theft. It also wanted to reorganize and relocate to places “with a smaller footprint.” Let’s hope that reorganization does wonders for it.

Diesel

Diesel

ADVERTISEMENT

Imerys Talc America Inc.

Imerys Talc America provides talc powder to Johnson & Johnson’s. It filed for bankruptcy in February 2019, which must have something to do with the more than 14,000 claims it had. Many women blame the company for causing ovarian cancer. Apparently, the asbestos in the powder caused mesothelioma.

Imerys

Imerys

ADVERTISEMENT