News
news China's Chilling 'Social Credit System' Is Straight Out of Dystopian Sci-Fi
news UFO 'death ray' made Korean War GIs sick
news The Haunted States of America
news When the Supernatural Feeds on Us
news Russian space agency says space station hole was deliberate sabotage
news Biblical end of days prophecy COMES TRUE as fish swim again in Dead Sea
news 1950s Science Kit Had Real Uranium
news We're Probably Living in a Simulation, Elon Musk Says
news It’s Now Possible To Telepathically Communicate with a Drone Swarm
news New material to 'speed spacecraft to 134,000,000 mph'
news The future of food: what we’ll eat in 2028


Username:
Password: or Register
 
Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5

More retailers are going bankrupt than ever
LopDude
⛔Lop cat club VIP⛔
User ID: kaput
04-17-2018 08:54 AM

Posts: 11,117



Post: #1
More retailers are going bankrupt than ever
Advertisement
Ask anyone running a store and they'll tell you that it's tough to be in the retail business. Merchants big and small are struggling to meet the demands of a customer base that is demanding better service, lower prices and products both in-store and from the comfort of their homes. A new report from investor research firm Moody's certainly confirms that.

According to last week's report, bankruptcies in the retail sector were at a record high during the first quarter of 2018.

There were nine defaults in the sector -- including Sears and Claire's - during the three months ended March 31. Tops Friendly Markets, a supermarket chain, and the Bon-Ton, department store chain, also filed for bankruptcy during the period. The only non-U.S. default that occurred in the first quarter was Britain-based BrightHouse Group, which sells rent-to-own refurbished sofas, televisions and refrigerators.

Defaults on corporate debt from the retail sector in the past three months made up almost one-third of defaults by corporations in all industries.

https://www.lmtonline.com/business/artic...838891.php

what will i do if target, bestbuy and the walmart near me goes bankrupt?.. i dont follow the stock market, but hopefully the earnings for these stores are in the green every month

[Image: np57gsp-gif.3372]
[Image: oulpdaa8671.png]
Iam in no way in support of articles i post.
Quote this message in a reply








Contact UsConspiracy Forum. No reg. required! Return to TopReturn to ContentRSS Syndication