Trump’s America is fraught with bankruptcies!

Bankruptcies continue to pile up in the retail industry.

More than 300 retailers have filed for bankruptcy so far this year, according to data from BankruptcyData.com. That’s up 31% from the same time last year. Most of those filings were for small companies — the proverbial Mom & Pop store with a single location. But there are also plenty of household names on the list.

Most of these stores are suffering from the same thing: A shift away from traditional storefronts to online shopping.

http://money.cnn.com/2017/06/13/news/companies/retail-bankruptcies/index.html

Tags: bankruptcy, economy