A scary number' of retail companies are facing bankruptcy amid the coronavirus pandemic




Yahoo Finance Daily show

Summary: GNC has walked through death’s door after knocking on it for years. And it’s likely others will follow suit this year as the COVID-19 pandemic continues its devastation of America’s retail sector. The 85-year-old vitamin seller filed for bankruptcy on Wednesday after years of battling waning sales and a debt load north of $1 billion. GNC plans to shutter up to 1,200 stores across the U.S. The company operates more than 5,800 stores. Meantime, fellow debt-laden mall dweller J.C.