Struggling Chains That May Not Make It to 2021
The coronavirus pandemic has led to a string of bankruptcy filings and closures in 2020, and many of the businesses that remain open could have a long road to recovery. A McKinsey & Company analysis found that the hardest-hit sectors — including arts, entertainment and recreation, and accommodation and food services — might take years to bounce back financially, even if the virus is contained. Unfortunately, some popular chains may not make it to the point of recovery, as they run the risk of shutting down by the end of the year.
From AMC to Sur La Table, find out which struggling chains might not make it to 2021.
Last updated: Nov. 23, 2020