Bankruptcies

45% Of Small Businesses Couldn’t Pay Their July Rent… Mass Restaurant Bankruptcies Appear Imminent

NaturalNews.com  /  Lance D Johnson (Natural News) According to a new survey, most small businesses are not recovering revenues that they once enjoyed in 2019, before the pandemic. The recovery rate for small businesses is a meager 25%. Approximately 75% of small business owners cannot generate the same monthly revenue they enjoyed prior to government…

This Is Just The Start”: US Bankruptcies Soar 48% In May, Most Since Financial Crisis

All that was missing was a catalyst; one which according to & Bloomberg & arrived in late May as retail landlords started sending out thousands of default notices to tenants, who in turn experienced a collapse in foot traffic, sales and cash flow due to the COVID-19 pandemic, and were simply unable to pay their…