Wednesday, September 20, 2017

Retail chains filing for bankruptcy protection in 2017

FILE - This Tuesday, March 4, 2014, file photo, shows a RadioShack store in downtown Cincinnati. Toys R Us has filed for Chapter 11 bankruptcy protection, joining a growing list of companies struggling to navigate a retail landscape altered by technoToys R Us has filed for Chapter 11 bankruptcy protection, joining a growing list of companies struggling to navigate a retail landscape altered by technology and changing consumer tastes. There is even a new term that has emerged which points to the dire state of the industry: Chapter 22. Those are companies that have been forced to seek bankruptcy protection for a second time. Overall, 35 retailers have filed for bankruptcy so far this year, according to S&P Global Market Intelligence.

Following are some of the retailers that have sought bankruptcy protection just this year:
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