More stores file for bankruptcy in the U.S. amid COVID-19

World Today

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The retail business has been one of the hardest hit sectors amid the coronavirus pandemic with U.S. sales at clothing and accessory stores falling 50 percent in March. 

This has pushed many retailers to the brink with three well-known U.S. retailers declaring bankruptcy in May. But as Karina Huber reports, their problems began way before the pandemic hit.