
Newsweek
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. More than 100 stores will close now that Liberated Brands has filed for bankruptcy, which affects the Quiksilver, Billabong and Volcom brands. The three chains, known for their millennial surfer and skateboard apparel, are closing their doors amid a larger trend of brick-and-mortar stores going out of business. Retail chains have faced economic turbulence since the coronavirus pandemic, as more consumers turn to doing their shopping online. Almost 25 percent of America's...