Marshall’s Rival Stares Down Chapter 11 Bankruptcy

Consumers need to watch for signs that their favorite retailer may face bankruptcy risks, because a bankrupt retailer may not honor returns or gift cards. As someone who has covered retail for over 30 years, I have noticed some telltale signs. Less inventory: Before its most recent bankruptcy, JCPenney's shelves were often missing common sizes and were more barren than usual. Fewer workers: Cutting back on labor saves money in the short term. Lack of cleanliness: When a retailer tries to save money, it ...