19 retailers on brink of bankruptcy in 2017

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.

All the stores on the list face factors such as declining store traffic, liquidity issues, management challenges, weakened competitive positions and more.

ExploreFor the full list of at-risk companies, go to Clark.com.

Which Sears, Kmart stores will be closing? Here's a list
Gander Mountain closing in Gwinnett after company files for bankruptcy

ExploreFamily Dollar closing 370 stores, cutting jobs, prices

Explorehhgregg to close 88 stores across the country

About the Author

Theo Thimou

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