They were once iconic, entertainment giants, today many of them are devastated because of falling consumer demand. The COVID-19 has forced major to kneel as if it is General ZOD who commands Superman to kneel before him.
Many big names, icons of the American economy have filed for bankruptcy since the coronavirus pandemic has hit the world.
These big names have formally applied for Chapter 11 bankruptcy since the coronavirus pandemic hit.
- JCPenney
- Dean & Deluca
- Apex Parks
- FoodFirst, Bravo and Brio Restaurant Parent
- True Religion Apparel
- CMX Cinemas
- Rubie’s Costume Company
- J. Crew
- Gold’s Gym
- Neiman Marcus
- Pier 1 Imports
- Hertz
- Tuesday Morning
- Le Pain Quotidien
- 24 Hour Fitness
- GNC
- CEC Entertainment
- Cirque du Soleil
- Lucky Brand
- Brooks Brothers
In the USA alone, the unemployment claims reached an all-time high of 10+ million and unemployment is over 15%.
If you still have a job or your business is still functional amid COVID-19, be very grateful.