Monday, March 5, 2018

Retail defaults could surpass those in 2017

Chain Store Age

Three months into 2018, there are already three defaults in the retail sector in the United States — and more are expected.

Burdened with high debt loads, the retail industry could see just as many defaults this year, if not more, according to MarketWatch, which cited a a study from S&P Global Ratings. There were 11 defaults recorded in 2017.. . . more