Bleeding in mall retail did not stop with the new year and robust holiday sales season.
In a November survey, nearly all retail executives said they expect as many or more bankruptcies in 2018 as occurred last year, according to a March study from accounting and consulting firm BDO. Specifically, 40% of executives said they expect more bankruptcies and another 54% said they expect the level of bankruptcy filings to stay consistent with last year, which surpassed 2008 in retail bankruptcies.. . . more