Showfields and the bankruptcy of the ‘most interesting store in the world’
Inside Retail
OCTOBER 15, 2023
Showfields entered a loan agreement with the US Small Business Administration for US$500,000, and with financing firm Pipe Technologies for US$1.4 The news came after a prolonged decline in sales post-pandemic that left the retailer unable to pay back increasing debt. million at the onset of the pandemic in March 2020.
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