💥Is a September BK Binge Upon Us?💥

Default Rates, Century 21, iQor, OFS & more retail distress

Labor Day is behind us and, in a shortened week, the bankruptcy gods have emerged from a multi-week Rosé-induced slumber to deliver lightening strikes to a handful of companies — the most notable being Century 21 Department Stores LLC and the largest (from a balance sheet perspective) being iQor Holdings Inc. With disappointing jobless numbers, Iowa sti…