The String Of Retail Bankruptcies Just Keeps Getting Longer
  • 6 years ago

Moody's reports retail bankruptcies hit an all-time high in the first quarter of the year.
Sears, J.Crew, and Neiman Marcus are likely next to default among many.
Eddie Bauer, 99 Cents Only stores, PetSmart and Steak & Shake are also at risk.
In fact, experts say defaults in 2018 could match or exceed last year's record level.
Jewelry retailer Claire's and grocery chain Bi-Lo— have already filed for bankruptcy.
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