Showfields and the bankruptcy of the ‘most interesting store in the world’

US-based retailer Showfields, the self-described “most interesting store in the world”, filed for bankruptcy this month and will be restructuring through a form of Chapter 11 bankruptcy created during Covid to help small businesses continue operations, reorganise, and maintain control of finances without creditors taking over. The news came after a prolonged decline in sales post-pandemic that left the retailer unable to pay back increasing debt. Showfields entered a loan agreement with the

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