Valley News
The U.S. retail apocalypse is far from over.
While the collapse of storied merchants like Sears and Toys R Us has left stores shuttered across America, retailers still make up about a fifth of the universe of distressed borrowers. Consumer confidence is slumping.
On Friday, the head of the biggest mall owner in the U.S. cautioned that more retailer bankruptcies are coming.. . . more
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