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Bankruptcy Court Claimed More Retail Victims than Victors This Year

Join McKinsey & Company, NewTimes Group, Arvind Limited, Asmara, Google, Bluesign, the Retail Prophet and more at Sourcing Journal’s Virtual Sourcing Summit, R/Evolution: Overhauling Fashion’s Outmoded Supply Chain, Oct 14 & 15.

Charles Darwin’s theory of evolution has retail firmly in its grip. And with more than 11,250 stores facing the firing squad this year, 2020 very well could see only the fittest survive. Truth be told, 2019 didn’t claim hordes of retail bankruptcy victims in fashion and apparel, but most of those that filed failed to avoid…

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