David’s Bridal
It seems like fancy gowns and expensive weddings are no longer popular in this day and age. People now prefer casual and cheaper events! David’s Bridal is not equipped to deal with this change. The brand has seen a rapid sales decline. On top of this, it has a loan of $520 million due this year. Next year, it is due to pay unsecured notes worth $270 million!
David’s Bridal
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Bon-Ton
Bon-Ton is an online retailer and department store that opened 100 years ago. In 2018, it filed for bankruptcy, was sold, and got liquidated. In 2018, it reopened for ecommerce and relaunched some stores. The company became big since it operated in small towns with no competition until Amazon.
Bon-Ton