J. Crew files for bankruptcy

It is rumored that J. Crew will file for Chapter 11 bankruptcy protection today. The company has struggled for many years. However, the COVID-19 pandemic has led to a lock-down that means stores like J. Crew are closed. This has led to J. Crew’s bankruptcy.

Prior to the COVID-19 pandemic Forever-21 also filed for bankruptcy.

Always and forever,
Summer

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