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Double Exposure: Retail Workers Nationwide Hammered by the Combo Crisis of Pandemic and Private Equity

Americans for Financial Reform Education Fund, Center for Popular Democracy, and United for Respect
2020

 

Private equity-driven bankruptcies and jobs losses have hit every state. This analysis estimates state-level retail store job losses from 65 private equity-owned retailers where state store locations were identifiable at the time of private equity takeover and in February 2020, just before the pandemic, and found widespread job losses in every state.

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