Related Co Chair: Many SMB Retail, Restaurants ‘Don’t Have The Wherewithal To Reopen’
PYMNTS
MAY 27, 2020
said bankruptcy could be the future for many retailers as the effects of the pandemic continue to play out. Ross, speaking with CNBC on Tuesday (May 26), said retail and hotel industries were the hardest-hit by the pandemic, and the closures and reduced travel would force closures and bankruptcies beyond those like J.C. And as for J.C.
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