- Getty/Scott Olson
- 50 US retailers filed for bankruptcy in 2017, and more bankruptcies are on the horizon.
- Companies most likely to default within the next year include Sears, Vince, Bebe, Stein Mart, and Destination Maternity, according to an analysis by S&P Global Market Intelligence.
Retailers are filing for bankruptcy at a staggering rate.
A total of 50 US retailers have filed for bankruptcy this year – the highest rate since the recession – and analysts say more bankruptcies are on the horizon.
Fifteen retailers in particular are at high risk of defaulting in 2018, 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.
- Sun Pacific Holding Corp.
- Sears Holdings (parent company of Sears and Kmart)
- Razer Inc.
- Vince Holding Corp.
- The Bon-Ton Stores
- Bebe Stores Inc.
- Destination Maternity Corp. (parent company of A Pea in the Pod, Motherhood Maternity, and Destination Maternity)
- Destination XL Group Inc.
- Stein Mart Inc.
- Christopher & Banks Corp.
- Sears Hometown and Outlet Stores Inc.
- DGSE Cos Inc. (parent company of Dallas Gold & Silver and Charleston Gold & Diamond).
- Burlington Stores Inc.
- Tailored Brands Inc. (parent company of Men’s Wearhouse and Jos. A. Bank)
- Clarus Corp. (parent company of Black Diamond brand clothing)
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.
- S&P Global Market Intelligence