These Big Companies Run The Risk Of Bankruptcy This Year

Published on 07/15/2019
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Bon-Ton

It is remarkable that Bon-Ton has been in the industry for a century already! This department store filed for bankruptcy in the previous year. It was sold and liquidated afterward. In October 2018, it launched its e-commerce site again and then announced its plans to relaunch its stores. USA Today precited, “The reinvented Bon-Ton would be sleeker, more e-commerce focused business.” We hope it can cope with the competition the next time around.

Bon-Ton

Bon-Ton

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Tops Market

Tops Market filed for bankruptcy because of its failure to cope with the changing interests and demands of the consumers. Shoppers now more interested in its competitors, low food prices, and non-traditional food sellers than ever before. However, it is not the end for this grocery chain. In fact, the Buffalo News reported last year that it managed to free itself from annual interest worth $80 million due last 2017.

Tops

Tops

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