Retail bankruptcies have already set a record pace this year, and the pain isn’t over yet, the Wall Street Journal reported today. The number of bankruptcies so far this year has already come close to the total in 2016, with 14 retailers filing compared with 18 last year, according to S&P Global Market Intelligence. Payless.. Inc., RadioShack Corp. and Limited Stores Co. are among those that have sought relief from creditors. Researchers at S&P Global Market Intelligence last week released a list of 10 publicly traded retailers they consider most at risk of default within the next 12 months. The firm’s analysis is based on industry factors, such as intensity of competition and barriers to entry, as well as company-specific metrics. Here’s S&P’s ranking:
1. Sears Holdings Corp.
2. DGSE Companies Inc.
3. Appliance Recycling Center of America Inc.
4. The Bon-Ton Stores Inc.
5. Bebe Stores Inc.
6. Destination XL Group Inc.
7. Perfumania Holdings Inc.
8. Fenix Parts Inc.
9. Tailored Brands Inc.
10. Sears Hometown and Outlet Stores Inc.
