Many retailers have shut down, filed for bankruptcy, or suffered significant setbacks over the past few years. That trend seems to be slowing down, though there are still real concerns for some brands:
“Over the last three years, retail has commanded one of the highest default rates among U.S. industries. While big names like Sears and Bon-Ton filed for bankruptcy last year, the spec-grade retail default forecast has fallen sharply from its peak of 19% in 2017 to 4.3% for a year from now, according to a new report published Thursday by Moody’s Investors Service and emailed to Retail Dive.”
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