Iconic retailer’s creditors look for bad deals before bankruptcy

A deal that occurred prior to Chapter 11 filing has creditors asking questions.

Apr 13, 2025 - 14:37
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Iconic retailer’s creditors look for bad deals before bankruptcy

The past few years have been challenging for retailers, and lingering inflation is largely to blame.

Inflation levels began creeping upward in 2021, when the government made the decision to issue stimulus checks at a time when supply chains were battered.