Retail defaults are at an all-time high – Business Insider

A
customer enters a The Bon Ton store, which is scheduled to close,
in Concord, N.H., Friday, Feb. 23, 2018.
AP/Charles Krupa

• The number of defaults by retail corporations hit an
  all-time high in the first three months of 2018, according to
  Moody’s.
• There were at least 28 defaults among retail
  corporations in the first quarter. 
• That number is up 22% from the same time last
  year. 

Brick-and-Mortar Meltdown sets sad record. And Q2 starts
out on the right foot.

These are retailers that are large enough to be rated by Moodys
and other ratings agencies. These are not small retailers but
…

Read the full article at: http://www.businessinsider.com/retail-defaults-are-at-an-all-time-high-2018-4