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J.Jill’s Q2 Sales Plunge Nearly 50% as Restructuring Talks Inch Forward

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J.Jill managed to narrow its Q2 loss despite a nearly 50% drop in sales as restructuring talks continue so it can avoid a bankruptcy filing.
J.Jill is best known for its soft, easy dressing options.
CREDIT: Courtesy Photo

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Despite a nearly 50 percent drop in sales, J.Jill Inc. managed to report a narrowed second-quarter loss as it continues to work on a restructuring agreement with lenders to avoid a bankruptcy filing. In a Nutshell: J.Jill is still hard at work to secure the consent of its term loan lenders in connection with a…

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