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What Pent-Up Demand Means for Retail Bankruptcies and Distressed Debt

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Retail is finally getting a break from 2020’s troubles. After drawing down $13.86 billion from credit lines last year following the initial Covid-19 outbreak and ending 2020 with more than 45 bankruptcies, the retail and fashion sector is finally getting a much-needed reprieve in 2021. Armed with federal stimulus checks, consumers in recent months have…

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