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J. Crew Files For Bankruptcy03:52
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Fashion retailer J. Crew became the first major national retailer to file for bankruptcy protection amid the coronavirus outbreak.

Here & Now's Jeremy Hobson speaks to Jill Schlesinger (@jillonmoney), business analyst for CBS News and host of "Jill On Money," about the company's deal with lenders to convert $1.65 billion debt into equity.

This segment aired on May 4, 2020.

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