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Retail industry in crisis as major brands file for bankruptcy

Legacy retailers including Sleep Number, QVC, Eddie Bauer and Francesca’s are navigating bankruptcy filings or closures amid a sweeping industry downturn.

Published Oct 3, 2026, 5:00 AM EDT | LehighValleyLive

The retail industry is in the midst of a significant shake-up, with decades-old brands filing for bankruptcy or shutting down entirely.