These main retail chains are at the risk of dealing with good, new data show

There are nearly 20 major brands on the list, with 10 at increased risks.


The farewells are never easy, and yes, it includes for the stores we frequent. When we owemake goodbye For a beloved retail chain, it may look like a real loss. This year, we have seen different big brands fold and close the stores,including Sears, Kmart and Bath Bed & Beyond. But the newly published data suggest that other companies could soon face similar challenges - and the final result could be subject to good. Read more to find out which large retail channels may file for bankruptcy over the next 12 months.

Read this then:These are all bed stores and beyond stores in the next 4 months.

Bankruptcy is not always the end of a business, but it can be.

We often hear about the companies that have filed a bankruptcy, but it is not always the end of the road. According to the Securities and Exchange Commission of the United States (SEC), if a company is not able topay your debts, he can deposit the bankruptcy of chapter 11 in order to "reorganize" and "try again to become profitable again". Chapter 7, on the other hand, indicates more serious problems and applies when a company is bankrupt and forced to stop operations. In this case, the assets are liquidated, then used to repay any debt.

Nearly 22,000 companies have filed a bankruptcy between 2016 and 2020, according toAmerican court data, and there was a decrease of 29.7% of documents between 2019 and 2020. In addition, data from the cornerstone of cornerstone show that in theFirst half of 2022, only 20 American companies with more than $ 100 million in assets have deposited for the bankruptcy of Chapter 11.

But the predictions for the next 12 months are a bit dark, according to the new data.

You will recognize several of these popular retail brands.

party city store
Ken Wolter / Shutterstock

As indicated by Retail Dive, there are 18 stores at risk of passing, and some haveHigher chances that others. As of September 30, 10 companies had between 9.99 and 50% of bankruptcy, said the point of sale, citing data from the Frisk scores of Creditriskmonitor. Last year, this number was only three, indicating growing problems for the world of retail.

Using this analytical system, the lower the number, the higher the risk of bankruptcy over the next 12 months. As you may have guessed, Bed Bath & Beyond has listed those who have a frisk score of 1, just like other domestic brands such as Kirkland's and Wayfair. Digital Brands Group, Express and The Realreal were the three clothing companies listed, and the Imedia, Party City, Rite Aid and Tuesday morning brands took into account the retail sectors of television, specialty, pharmacies And prices outside the price, respectively.

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Some high -risk stores could surprise you.

tuesday morning store
Helen89 / Shutterstock

Bed Bath & Beyond has dominated the headlines lately, thanks to its imminentClosing of 150 stores.

But the inclusion of Tuesday morning may have surprised you, because the company has already filed a record once andClosed 230 of its 687 locations in 2020. On September 21, 2022, the company announced that it had received a$ 35 million investment De Retail Ecommerce Ventures (Rev), which has Pier 1, and hopes to "establish a dynamic online presence and a digital strategy", while selling Pier 1 products.

AccordingTax results Published two days later, however, things are currently dark, because the company declared an 8% loss in sales of comparable stores and net loss of $ 28.1 million for the fourth quarter - a strong increase per report to $ 18.9. Million lost at the same time last year. According to the success of the new partnership with REV, Tuesday morning could be a company depositing for the bankruptcy of "Chapter 22", which is an intelligent name (unofficial) for companies that deposit twice for chapter 11.

Party City is another big brand of names potentially on the cutting block. A bit like a smaller retailers of party supplies,50-50 factory outlet, who recently went bankrupt in the Wisconsin, Party City fought against losses during the Pandemic COVID-19. At the time, the rallies obviously did not occur and the demand for slowdown supplies. Helium shortages and the increase in costs have also created difficulties, and even with holidays like Halloween to come, Party City faces more and more competition with online retailers, underlined the diving .

Other companies present a lower risk.

lands' end shopping bag
Melissamn / Shutterstock

According to Creditriskmonitor data, eight companies had a Frisk 2 score and therefore have between 4 and 9.99% of bankruptcy, by diving in detail. These mainly include clothing retailers, such as Abercrombie & Fitch, Farfetch, Lands' End, Stitch Fix, Thredup and Torrid. The big lots of domestic brands were also at a lower risk and Steinhoff, which has a mattress company.

Diving at retail has included additional Credittell data, a consulting company that takes into account credit ratings during the prediction. According to this company, Bed Bath & Beyond, Tuesday morning, Party City and Rite Aid are indeed in difficulty, just like Gamescop, Casper and Jo-Ann Fabrics.


Categories: Smarter Living
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