retail bankruptcies 2018

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Retail Industry Woes to Continue in 2018 as Bankruptcies, Store Closures, and Layoffs Expected to Rise

Retail Industry Woes

Amazon.com, Inc. (NASDAQ:AMZN), the e-commerce company, has grown rapidly in the past few years, with its various businesses each having their own value. Its total business is around $995.0 billion, with retail at $600.0 billion, “Amazon Web Services” at $270.0 billion, “Amazon Prime” subscriptions at $70.0 billion, and the advertising section at $55.0 billion. By (more…)

Sears Holdings at Risk of Bankruptcy in 2018 as Revenue Plunged by 27.2% & Debt Load Spiked to $4B

Sears Holdings

Sears Holdings’ Debt Is Cause for Concern Sears Holdings (NASDAQ:SHLD) is on the watchlist for retail bankruptcies in 2018, as analysts and financial reports point to a company struggling to stay afloat. Sears Holdings’ quarterly revenue declines continue apace, with each successive filing revealing that the company has yet to find a long-term, sustainable solution (more…)