lack of bankruptcies Archives

daniel July 3, 2017 Expect Consolidation not Bankruptcy, lack of bankruptcies, Macy’s (NYSE: M) and JC Penney’s (NYSE: JCP), ongoing retail apocalypse, Retail sales are still increasing, Sears Holdings (NASDAQ: SHLD), Seritage Growth Properties (NYSE: SRG), Target (NYSE: TGT), The One Major Retail Bankruptcy we can Expect, why hasn’t a major retailer gone bankrupt yet?, Why Haven’t More Retailers Gone Bankrupt?

Why Haven’t More Retailers Gone Bankrupt?

Some observers even point to the lack of bankruptcies (or major bankruptcies) to cast doubt upon all the whole proposition of a retail apocalypse. These critics are mistaken; the lack of bankruptcies does not make the apocalypse fake news. The Dallas Morning News estimated that 5,377 chain store closings had been announced as of May 14, 2017.