Retail had one heck of a 2016. It was a bleak year with at least 14 major U.S. retailers closing 100 or more stores.

But if that seems like a lot, hold on to your hats in 2017 as more stores get ready to bite the dust.

Respected bond credit rating business Moody's has sounded the alarm about almost two dozen retailers that could be at risk of defaulting on their loans for a number of reasons.

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Georgia lost 3,200 jobs in September after posting job gains in August. Still, employment remains positive over the year, with the state adding 24,300 jobs. (Hyosub Shin/AJC 2023)

Credit: Hyosub Shin/AJC

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A MARTA operator is seen inside the control room of one of the new MARTA trains during the unveiling of these trains on Thursday, Jan. 30, 2025. (Miguel Martinez/AJC)

Credit: Miguel Martinez-Jimenez