These 15 retailers have filed for bankruptcy or liquidation in 2019
- We're more than halfway through 2019, and the number of national retailers that have filed for bankruptcy since the beginning of the year only continues to grow.
- Not all of these companies will cease to exist — some are just looking to restructure.
- Check out which retailers have already filed for bankruptcy this year.
We're now more than halfway through 2019, and the number of major retailers filing for bankruptcy continues to grow.
Last week both Marie Callender's and Barneys New York announced they are filing for Chapter 11 bankruptcy protection, coming on the heels of several other retailers that already filed earlier this year, including Gymboree and Diesel. Some of these bankruptcies will allow companies to restructure and reenter the fray. Others, like Payless and Charlotte Russe, will shut down entirely.
Unfortunately, this means that thousands of stores will shutter and thousands of employees will lose their jobs. And, given that there are still more than four months left in the year, it's possible there will be even more bankruptcies to come in 2019.
Here's a list of the retail companies that have filed for bankruptcy so far:
Beauty Brands filed for Chapter 11 bankruptcy on January 4.
Innovative Mattress SolutionsYelp
The Kentucky-based mattress company, which owns Mattress Warehouse, Mattress King, and Sleep Outfitters, filed for Chapter 11 bankruptcy on January 14.
This Wisconsin-based retailer filed for Chapter 11 bankruptcy on January 16. On March 19, CBS reported that Shopko's 363 stores would close after the company failed to find a buyer.
See the rest of the story at Business Insider
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