These 10 retailers could be the next to declare bankruptcy
Retailers are filing for bankruptcy at a staggering rate.
It's only April, but 10 US retailers have already filed for bankruptcy this year — more than did in all of last year — and analysts say more bankruptcies are on the horizon.
Ten retailers in particular are at high risk of defaulting this year, according to an analysis by S&P Global Market Intelligence.
Here are those companies ranked in order of likelihood to default, with those seen as most likely appearing first.
Sears Holdings
DGSE Companies Inc.
Appliance Recycling Centers of America Inc.
The Bon-Ton Stores Inc.
Bebe Stores Inc.
Destination XL Group Inc.
Perfumania Holdings Inc.
Fenix Parts Inc.
Tailored Brands Inc.
Sears Hometown and Outlet Stores Inc.
This chart shows the likelihood that each retailer will default within a year, classified below as the "1-year PD," according to S&P Global Market Intelligence.
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