Retail Dive
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
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