And despite the 2022 wedding boom that followed, David’s Bridal has struggled to keep costs down. In April, the company revealed that it would lay off 9,000 employees nationwide and, shortly after, filed for bankruptcy a second time. The company said it would still fulfill customers’ orders as it looks to sell the company, but will shut down all of its stores if it can’t find a new buyer.

Source: Insider, The New York Times, The Wall Street Journal

Apple posts quarterly revenue decline; iPhone sales solid

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