Michael Barbaro

@mikiebarb ↗

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Last Checked Nov. 6, 2021

Created

Fri May 01 00:14:35 +0000 2020

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1,181

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Michael Barbaro @mikiebarb

Not a coincidence that the first two retailers to go under were both taken private in LBOs that left that saddled with tons of debt. Neiman Marcus J Crew — PolitiTweet.org

Posted May 1, 2020 Hibernated

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Michael Barbaro @mikiebarb

J.Crew Group Inc., the preppy retailer that recently fell on hard times, is preparing to file for bankruptcy protection, one of several high-profile U.S. chains that are on the verge of unraveling during the coronavirus pandemic. https://t.co/8KL982ZPK7 — PolitiTweet.org

Posted May 1, 2020 Hibernated

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Michael Barbaro @mikiebarb

LBO = leveraged buyout. An acquisition made through debt financing by outsiders, typically private equity firms. Sorry, reliving my days as a retail reporter. — PolitiTweet.org

Posted May 1, 2020 Hibernated