Bankrupt

Bankrupt

Despite high consumer spending that lifted economy in the United States, over a dozen of retailers filed for bankruptcy protection in 2018. Several big names of departmental stores, shoe companies, and mattress sellers have come up, CNBC news reported. Although the pace of closures have reduced from 2017 when more than 20 retailers including Toys R Us, Gymboree and Hhgregg went bust, bankrupt filings and store closures are still affecting