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How This Lingerie Store Boosted its Bottom Line, Despite the Downturn

Harvard Business Review

What is even more unbelievable is that Journelle opened its doors in 2007 — when bankruptcy for small businesses skyrocketed. From the first quarter of 2007 to 2008 bankruptcy filings for small businesses grew 33%. From first quarter 2008 to 2009, bankruptcy filings leapt by 75%.

TSR 15
article thumbnail

How This Lingerie Store Boosted its Bottom Line, Despite the Downturn

Harvard Business Review

What is even more unbelievable is that Journelle opened its doors in 2007 — when bankruptcy for small businesses skyrocketed. From the first quarter of 2007 to 2008 bankruptcy filings for small businesses grew 33%. From first quarter 2008 to 2009, bankruptcy filings leapt by 75%.

TSR 8