by Umar Farooq In 2017, more than 300 retailers have already filed for bankruptcy and it is being projected that a staggering 8,640 stores will close in America by the end of this calendar year. “Americans cut spending at gas stations, department …
By Michael Snyder Not even during the worst parts of the last recession did things ever get this bad for the U.S. retail industry. As you will see in this article, more than 300 retailers have already filed for bankruptcy …
From Bloomberg: The battered American retail industry took a few more lumps this week, with stores at both ends of the price spectrum preparing to close their doors. At the bottom, the seemingly ubiquitous Payless Inc. shoe chain filed for …