Retailers are filing for bankruptcy at a record rate as they try to cope with the rapid acceleration of online shopping.
a little over three months, 14 chains have announced they will seek
court protection, according to an analysis by S&P Global Market
Intelligence, almost surpassing all of 2016. Few retail segments have
proven immune as discount shoe-sellers, outdoor goods shops, and
consumer electronics retailers have all found themselves headed for
reorganization. . . . more