Retailers Closing For Good

In 2010, 48 retailers filed for bankruptcy due to the economic collapse. This year looks to beat that record.

A new report shows that 29 retailers had already filed for bankruptcy by mid-August, up from 22 at this time last year. The retailers hurt the most were apparel and footwear sellers such as JC Penny, Lucky Brand, Brooks Brothers, and Ann Taylor. Also, on the list, home goods retailers Pier 1 Imports and Tuesday Morning and vitamin seller GNC Holdings.

Share this article

Share on facebook
Share on twitter
Share on linkedin
Share on pinterest
Share on whatsapp
Share on vk
Share on email
Share on reddit

Related Articles

Join the mailing list

Get the daily email that makes reading the investment news actually enjoyable.

Scroll to Top