Religionless Millennials + Private Equity = Short David’s Bridal Inc.
Another Private Equity Backed Retailer is in Trouble
In the past 10 years, the share of U.S. adults living without a spouse or partner has climbed to 42%, up from 39% in 2007, when the Census Bureau began collecting detailed data on cohabitation.
Two important demographic trends have influenced this phenomenon. The share of adults wh…