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
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