It was the perfect storm for bankruptcy for some of the country's most recognizable consumer brands -- and several have filed recently. But a large gym brand and a major car rental company have also filed for bankruptcy recently. Still, many other brands that have filed for bankruptcy with the intention of staying in business didn't survive. Crew Group became first national US retailer to file for bankruptcy protection since the coronavirus pandemic forced a wave of store closures. Tuesday MorningTuesday Morning TUES Discount home goods retailerblamed the virus for prolonged store closures that caused an "insurmountable financial hurdle."

Source: CNN May 29, 2020 14:03 UTC