Unbelievable Bankruptcy Filings for 2017

Bankruptcy Petition

During the last half of 2017, much attention has been focused on the soaring stock market and falling unemployment numbers; however, those of you in the retail sector remember all the large 2017 bankruptcy filings.  This article does a great job of listing some of those major bankruptcies and it gives some startling statistics about how many more retail bankruptcies occurred in 2017 than in previous years.  The thing to remember as you consider this article is, what kind of fallout is ahead?  Just how many more brick and mortar retailers will have to reorganize or liquidate?  Competing with Amazon and other online behemoths continues to be an incredible challenge.  Read more.