ADVERTISEMENT
ADVERTISEMENT

These 10 retailers could be the next to declare bankruptcy (SHLD)

It's only April, and 10 US retailers have already filed for bankruptcy since the start of the year — more than all of last year.

A closed mall.

Retailers are filing for bankruptcy at a staggering rate.

It's only April, but 10 US retailers have already filed for bankruptcy this year — more than did in all of last year — and analysts say more bankruptcies are on the horizon.

Ten retailers in particular are at high risk of defaulting this year, according to an analysis by S&P Global Market Intelligence.

Here are those companies ranked in order of likelihood to default, with those seen as most likely appearing first.

ADVERTISEMENT

This chart shows the likelihood that each retailer will default within a year, classified below as the "1-year PD," according to S&P Global Market Intelligence.

JOIN OUR PULSE COMMUNITY!

Unblock notifications in browser settings.
ADVERTISEMENT

Eyewitness? Submit your stories now via social or:

Email: eyewitness@pulse.ng

Recommended articles

Here's everything to know about being a virgin on your wedding night

Here's everything to know about being a virgin on your wedding night

7 do's and don’ts of the Holy month of Ramadan

7 do's and don’ts of the Holy month of Ramadan

Top 5 sweetest celebrity mother-child relationships that stand out for us

Top 5 sweetest celebrity mother-child relationships that stand out for us

International Women's Day: 5 Nigerian female celebrities championing women’s rights

International Women's Day: 5 Nigerian female celebrities championing women’s rights

Top 5 female directors in Nollywood

Top 5 female directors in Nollywood

6 things that will break a Muslim's fast during Ramadan

6 things that will break a Muslim's fast during Ramadan

5 benefits of fasting during Ramadan

5 benefits of fasting during Ramadan

5 reasons Easter was more fun when we were children

5 reasons Easter was more fun when we were children

Dos and don’ts of supporting Muslims during Ramadan

Dos and don’ts of supporting Muslims during Ramadan

ADVERTISEMENT
ADVERTISEMENT