Bar Louie Files For Bankruptcy, Closes 38 Stores

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Bagels
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Bar Louie Files For Bankruptcy, Closes 38 Stores

Post by Bagels »

Earlier in the week, Bar Louie filed for bankruptcy and closed 38 stores.

https://www.wsj.com/articles/bar-louie- ... 1580161383

Many vacancies of the Retail Apocalypse were filled by restaurants... and now we have too many restaurants. Along the Coasts, landlords continue to hike rents to ridiculous levels. Many businesses are fragile as it is, barely limping along. I fully expect that this will lead up into our next recession, with mass closures. Get ready,
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