US retail group Stage Stores files for bankruptcy after ‘exhausting alternatives’

Published: 11-May-2020
Finance Retail

The department store retailer’s financial position was said to have been exacerbated by the Covid-19 pandemic

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Stage Stores, the US department store owner, has filed for Chapter 11 bankruptcy, after failing to strengthen its financial position during the Covid-19 pandemic.

The fashion, cosmetics and homeware seller plans to reopen

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