Retailers and small businesses have been hit hard by the pandemic, after facing a brutal 2019. Now a growing number of businesses and restaurants are folding, as Covid-19 continues to wreak havoc on the retail, restuarant industry and the global economy.
Here are the latest ‘big-name’ companies to file bankruptcy since mid-March.
Ruby Tuesday is the most recent restaurant to file for Chapter 11 bankruptcy. It will permanently close 185 restaurants while it restructures.