7 Retailers Who Have Filed For Bankruptcy This Year

As you know, many retailers filed for bankruptcy at a record rate and the trend continues. According to Retail Dive, by December 2017 we saw 26 major retail bankruptcies (defined in this case as companies with more than $50 million in liabilities). That surpassed the 20 bankruptcies posted in 2008 when a major recession ravaged the sector. Take a look at the retailers that have filed plans to restructure, find a buyer or liquidate through Ch. 11.

Disclaimer: MANY of these only affect the retail in the United States.

1. Nine West

 

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2. Claire’s

 

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3. The Walking Company

 

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4. KIKO Milano

 

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6. A’gaci

 

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7. Sears

 

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Source: Retail Dive