The first few months of 2018 also saw several big -
name retail bankruptcy filings, including shoe retailer Nine West, department store chain Bon - Ton and Claire's, a teen accessories retailer.
Not exact matches
The current fierce disruption in the
retail industry has exposed one of the pitfalls for a credit issuer like Synchrony in dealing with
retail partners: an increasing possibility that a household
name may declare
bankruptcy.
While PacSun, Quicksilver, the Walking Company, True Religion, and other big -
name clothing
retailers suffered
bankruptcy, other fashion stores are alive and well.
Old - school department stores like Sears and JCPenney, along with a lot of other
retailers, have been making headlines for all the wrong reasons:
bankruptcies, store closings and job cuts, to
name a few.
That includes a lot of
retailers, many of which filed
bankruptcy in 2016 (American Apparel, Sports Authority, Wet Seal, and Hancock Fabrics, to
name a few).