The tsunami of business creditor protection filings didn't happen as predicted, but an expert says that a reduction of locations by some retailers as well as headwinds could lead to industry challenges.
A predicted retail apocalypse hasn't happened as of yet, but a series of events could lead to chaos and struggles for some retailers as we move further into 2022.
The publication tracks filings and one editor says that they expect an increase in filings in early 2021 following rent payment demands from landlords.
Canadian publication Insolvency Insider has released an on-demand webinar discussing retailers and restructuring. The webinar qualifies for a half hour of Continuing Professional Development for lawyers, CPAs, and CIRPs.