Given retail is tanking at scale due to Coronavirus, and Sycamore is mostly retail, is there a risk for Sycamore to file bankruptcy?
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Their
They're pockets are too deep to have to file bankruptcy. They literally just purchased Victoria's secret in February. I don't see them going bankrupt due to the coronavirus. They will make all the cuts they need to make in order to stay afloat.
I initially thought no way. Now I'm thinking it's highly plausible for SP to go belly up without major funding. They simply have too much exposure to Covid 19
No , they will not go into bankruptcy. They are similar to the virus in that they will never go away .
Well they are trying to keep their doors open as long as possible for everything they own. They sure as hell don’t care about the employees working at each of their stores