It's Just Starting: Moody's Warns A Deluge Of Retail Bankruptcies Is Coming - News Today in World

It's Just Starting: Moody's Warns A Deluge Of Retail Bankruptcies Is Coming

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Title : It's Just Starting: Moody's Warns A Deluge Of Retail Bankruptcies Is Coming
link : It's Just Starting: Moody's Warns A Deluge Of Retail Bankruptcies Is Coming

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2017 was a perfect storm for "brick and mortar" retailers who officially lost the war with Amazon, and no less than 30 retail chains filed for bankruptcy in a year in which the CEO of Urban Outfitters said the "retail bubble has now burst"...

... bringing the total number of Chapter 11 cases since mid-2015 to 50, accounting for over $20 billion in liabilities.


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