J.Crew Bankruptcy Filing May Not Be The Last For Retailers Slammed By Pandemic
The clothing retailer's troubles predate the health crisis. Other stores, like J.C. Penney and Neiman Marcus, are also struggling to survive extended closures.
by Alina Selyukh
May 04, 2020
1 minute
With millions of Americans out of work and its stores temporarily closed, J.Crew is heading for bankruptcy. It could be the first of several retailers to crumble during the coronavirus pandemic under financial troubles that predate the crisis.
In filing on Monday,, though for now under COVID-19 restrictions. The company operates 181 J.Crew stores, 140 Madewell stores and 170 J.Crew Factory stores.
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