We’re only three months into the year and already the retail battlefield is littered with the corpses of nine brands that have filed for bankruptcy — the same number that filed in all of 2016.
Gordmans, hhgregg, RadioShack, Gander Mountain, BCBG Max Azria, MC Sports, Eastern Outfitters, Wet Seal, and The Limited have all filed for bankruptcy in just the first few months of 2017. At this rate, the industry is on pace to far surpass the high-water mark of 18 major retail bankruptcies set in 2009, notes CNBC.
