May 4, 2020

Major retail bankruptcies begin

J. Crew is the first major retailer to file for bankruptcy protection in the COVID-19 era. Jeenah Moon/Getty Images

J. Crew has entered bankruptcy protection, the first major retail chain to do so during the COVID-19 era. A global summit aiming to raise more than $7 billion for vaccines and treatments. The 57 million people with jobs labeled "vulnerable."

Segments From this episode

COVID-19

J. Crew is the first major retailer to file for bankruptcy under COVID-19

by David Brancaccio , Nova Safo and Alex Schroeder

May 4, 2020

Online business will continue as usual, and J. Crew still has plans to reopen stores.

J. Crew has almost $1.7 billion in debt its restructuring.

Jeenah Moon/Getty Images

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COVID-19

Amid historic layoffs, millions of low-wage workers still at risk

by David Brancaccio and Rose Conlon

May 4, 2020

A new report finds the worst of COVID-19 job losses could be yet to come.

Food service workers are among the most vulnerable. But the retail, hospitality and even health care sectors face challenges, too.

Sarah Silbiger/Getty Images

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The team

David Brancaccio Host

Victoria Craig Host, BBC

Stephen Ryan Senior Producer, BBC

Jonathan Frewin Producer, BBC

Daniel Shin Producer

Jay Siebold Technical Director

Meredith Garretson Morbey Senior Producer

Alex Schroeder Producer

Erika Soderstrom Producer

Rose Conlon Producer

Brian Allison Technical Director

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