Bankrupt retail chain makes major comeback, reopens new stores

A bankrupt retail chain reopens stores at record speed under new leadership.

Jun 11, 2025 - 21:14
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Bankrupt retail chain makes major comeback, reopens new stores

Reviving a business after filing for Chapter 11 bankruptcy and facing mass closures is no easy task, but when committed to making a major comeback, it's also not impossible.

The slowdown in consumer spending has hit well-known companies harder than expected, with many filing for bankruptcy or shutting down multiple locations to pay off their mounting debt.