Business
Business

19 retailers on bankruptcy watch for 2017

ajc.com
By Theo Thimou
March 3, 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.

RELATED STORIES

ExploreFamily Christian closing all stores nationwide

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
More Stories

Keep Reading

The QTS data center complex under development in Fayetteville is expected to consume as much electricity as about a million U.S. households. (Elijah Nouvelage/Bloomberg via Getty Images)

Credit: Bloomberg via Getty Images

Data centers to get regional review, public notice on key Georgia website

Data centers larger than 300,000 square feet in the 11-county metro Atlanta area and more than 500,000 square feet in rural parts of Georgia will now qualify for reviews.

2h ago

Atlanta airport’s troubled Concourse C food court gets new management

OHM Concession Group will take over the Atlanta airport's Concourse C food court, as well as restaurants in Concourses B and F.

Is the cost of Thanksgiving dinner going down? It’s complicated.

The wholesale price of turkey is up from 2024, but the retail price is dramatically down, according to the American Farm Bureau Federation.

The Latest

Older model used vehicles for sale at an independent dealership in Chattanooga, Tennessee, on Nov. 11, 2023. Photo courtesy of Chris Hardesty.

Credit: Special

Beyond the odometer: What matters most in a used car

Why your car’s safety tech needs maintenance, too

OPINION

Saying goodbye to the Porsche 718 Cayman — for now

Featured

Amber Hicks and Cherokee County firefighter Justin Hicks were found dead from gunshot wounds inside their home in November 2021. (Cobb County Fire and Emergency Services)

Credit: Cobb County Fire and Emergency Services

Man convicted of murdering Cherokee firefighter, wife as they watched TV

The deaths of Amber and Justin Hicks shocked their family and community. On Thursday, Matthew Lanz was convicted on all 13 charges he faced.

2h ago

Report: Georgia unauthorized immigrant population reaches nearly 500,000

Georgia now has the nation’s sixth largest population of unauthorized immigrants, according to the Migration Policy Institute.

Atlanta airport’s troubled Concourse C food court gets new management

OHM Concession Group will take over the Atlanta airport's Concourse C food court, as well as restaurants in Concourses B and F.