Tajuk : More retailers are in danger of bankruptcy now than during the Great Recession
link : More retailers are in danger of bankruptcy now than during the Great Recession
More retailers are in danger of bankruptcy now than during the Great Recession
The retail apocalypse is threatening “devastating” outcomes for retailers.
Twenty-two retailers in Moody’s portfolio are in serious financial trouble that could lead to bankruptcy, according to a Moody’s note published on Wednesday. That’s 16% of the 148 companies in the financial firm’s retail group — eclipsing the level of seriously distressed retail companies that Moody’s reported during the Great Recession.
In the research note, analyst Charlie O’Shea said that competitive challenges that have weighed heavily on mega-retailers like Walmart and Target, “will have potentially devastating ripple effects for smaller, more challenged retailers over the next several quarters.”
Retailers including rue21 and Payless have filed for bankruptcy in recent months, while others such as Sears, JCPenney, and Macy’s have closed hundreds of stores across the US. According to Credit Suisse, more than 8,600 retail locations are expected to close for good before the end of the year.
Things aren’t getting better any time soon. While most retailers are “fundamentally healthy,” Moody’s predicts that the ranks of “distressed” retailers at risk of filing for bankruptcy will only grow in the next 12 to 18 months.
Read more stories on Business Insider, Malaysian edition of the world’s fastest-growing business and technology news website.
✍ Sumber Pautan : ☕ Business InsiderBusiness Insider
Kredit kepada pemilik laman asal dan sekira berminat untuk meneruskan bacaan sila klik link atau copy paste ke web server : http://ift.tt/2s50PNP
(✿◠‿◠)✌ Mukah Pages : Pautan Viral Media Sensasi Tanpa Henti. Memuat-naik beraneka jenis artikel menarik setiap detik tanpa henti dari pelbagai sumber. Selamat membaca dan jangan lupa untuk 👍 Like & 💕 Share di media sosial anda!
The retail apocalypse is threatening “devastating” outcomes for retailers.
Twenty-two retailers in Moody’s portfolio are in serious financial trouble that could lead to bankruptcy, according to a Moody’s note published on Wednesday. That’s 16% of the 148 companies in the financial firm’s retail group — eclipsing the level of seriously distressed retail companies that Moody’s reported during the Great Recession.
In the research note, analyst Charlie O’Shea said that competitive challenges that have weighed heavily on mega-retailers like Walmart and Target, “will have potentially devastating ripple effects for smaller, more challenged retailers over the next several quarters.”
Retailers including rue21 and Payless have filed for bankruptcy in recent months, while others such as Sears, JCPenney, and Macy’s have closed hundreds of stores across the US. According to Credit Suisse, more than 8,600 retail locations are expected to close for good before the end of the year.
Things aren’t getting better any time soon. While most retailers are “fundamentally healthy,” Moody’s predicts that the ranks of “distressed” retailers at risk of filing for bankruptcy will only grow in the next 12 to 18
Read more stories on Business Insider, Malaysian edition of the world’s fastest-growing business and technology news website.
✍ Sumber Pautan : ☕ Business InsiderBusiness Insider
Kredit kepada pemilik laman asal dan sekira berminat untuk meneruskan bacaan sila klik link atau copy paste ke web server : http://ift.tt/2s50PNP
(✿◠‿◠)✌ Mukah Pages : Pautan Viral Media Sensasi Tanpa Henti. Memuat-naik beraneka jenis artikel menarik setiap detik tanpa henti dari pelbagai sumber. Selamat membaca dan jangan lupa untuk 👍 Like & 💕 Share di media sosial anda!
dengan itu Perkara More retailers are in danger of bankruptcy now than during the Great Recession
Kini anda membaca artikel More retailers are in danger of bankruptcy now than during the Great Recession dengan alamat pautan https://timesnewmalaysia.blogspot.com/2017/06/more-retailers-are-in-danger-of.html
Related Posts :
The ruble is tumbling as oil prices drop to their lowest level since November- “Wanita Hiasan Dunia, Seindah Hiasan Adalah Wanita Solehah”, Ketahui 10 Ciri Wanita Yang Boleh Dijadikan Sebagai Calon Pasangan Hidup
- Bukti kebenaran Al-Quran di Puncak Everest
- 10 Cara Hilangkan Sakit Kepala Tanpa Ubat Seperti Panadol
- Here come initial jobless claims…
0 Response to "More retailers are in danger of bankruptcy now than during the Great Recession"
Catat Ulasan