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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In this December 2017 photo, passengers feel the effects of a massive power outage at Hartsfield-Jackson Atlanta International Airport as they endure long lines to claim baggage and ride shuttles. (Bob Andres/AJC)

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Scott Jackson (right), business service consultant for WorkSource Fulton, helps job seekers with their applications in a mobile career center at a job fair hosted by Goodwill Career Center in Atlanta. (Ziyu Julian Zhu/AJC)

Credit: Ziyu Julian Zhu/AJC