Retail chains filing for bankruptcy protection in 2017
Toys R Us has filed for Chapter 11 bankruptcy protection, joining a growing list of companies struggling to navigate a retail landscape altered by technology and changing consumer tastes. There is even a new term that has emerged which points to the dire state of the industry: Chapter 22. Those are companies that have been forced to seek bankruptcy protection for a second time. Overall, 35 retailers have filed for bankruptcy so far this year, according to S&P Global Market Intelligence.
Following are some of the retailers that have sought bankruptcy protection just this year:
1.The Limited
2.Wet Seal(asterisk)
3.Eastern Outfitters
4.BCBG Max Azria
5.Vanity
6.Hhgregg
7.RadioShack(asterisk)
8.Gordmans
9.Gander Mountain
10.