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Retail defaults are at an all-time high — here are all the bankruptcies and liquidations so far in 2018
13 US retailers have already filed for bankruptcy or announced liquidations so far in 2018. Nine West, Claire's, and The Bon-Ton Stores are among the companies that have filed for bankruptcy so far this year.
Experts say that the recent closing of Bon-Ton and struggles of department stores are linked to the death of the American middle class. Increasingly, the most successful retailers have become more distinctly split into two sections: luxury and budget stores.
Department-store chain Bon-Ton is going out of business — here’s the list of the 212 stores that will close
Bon-Ton is closing 212 stores as it liquidates its assets.