USA

Filing for Bankruptcy Protection May Help Retailers Struggling Before Pandemic, Experts Say

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The list of U.S. retailers that have filed for bankruptcy this year is long and varied. They ranged from those selling inexpensive and off-brand goods to century-old name brands that have catered to the rich and famous. Industry experts say many were struggling before the pandemic, which proved to be the final blow. But filing for bankruptcy protection could help save some of them. VOA’s Mariama Diallo explains in this report.