Showfields and the bankruptcy of the ‘most interesting store in the world’
Inside Retail
OCTOBER 15, 2023
A court filing shows that at the time the bankruptcy was put into place, Showfields had a little over US$3,000 in cash on hand and owed as much as US$10 million. In doing so, the department store experienced a 1,000 per cent increase in digital sales from 2020 to 2021, CEO and co-founder Matt Alexander said. We have learned so much.”
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