Retailers are filing for bankruptcy at record-high rates as Americans changing shopping habits, along with years of overly aggressive store growth, continue to shake up the industry.
Just four months into the start of 2018, 11 US retailers have already filed for bankruptcy or announced liquidations.
Heres the retail carnage so far this year:
Nine West
Nine West Holdings filed for bankruptcy in April.
The womens clothing and footwear company said it filed for Chapter 11 bankruptcy protection to help facilitate the sale of its Nine West and Bandolino businesses. The company listed debts of more than $US1 billion.
This is the right step to address our two divergent business profiles, Nine West Holdings CEO, Ra…
Read the full article at: http://www.businessinsider.com/retail-bankruptcies-list-this-year-2018-4