By Julie Takahashi, Chron.com \/ Houston Chronicle <\/p>\n
Photo: Diana Haronis\/Moment Editorial\/Getty Images <\/p>\n
David's Bridal-Wedding and prom dresses, formal wear. <\/p>\n
>>Here is a list of chains that Moody's says are at serious risk of bankruptcy... <\/p>\n
David's Bridal-Wedding and prom dresses, formal wear. <\/p>\n
>>Here is a list of chains that Moody's says are at serious risk of bankruptcy... <\/p>\n
TOMS Shoes - footwear company. <\/p>\n
TOMS Shoes - footwear company. <\/p>\n
Fairway Group Holdings - food retailer. <\/p>\n
Fairway Group Holdings - food retailer. <\/p>\n
Velocity Pooling Vehicle - does business as MAG, Motorsport Aftermarket Group. <\/p>\n
Velocity Pooling Vehicle - does business as MAG, Motorsport Aftermarket Group. <\/p>\n
Boardriders SA - sporting subsidiary of Quiksilver. <\/p>\n
Boardriders SA - sporting subsidiary of Quiksilver. <\/p>\n
Bon-Ton Stores - parent of department store chain. <\/p>\n
Bon-Ton Stores - parent of department store chain. <\/p>\n
Evergreen AcqCo 1 LP - parent of thrift chain Savers. <\/p>\n
Evergreen AcqCo 1 LP - parent of thrift chain Savers. <\/p>\n
Tops Holding II - supermarket operator. <\/p>\n
Tops Holding II - supermarket operator. <\/p>\n
Indra Holdings - holding company owner of Totes Isotoner. <\/p>\n
Indra Holdings - holding company owner of Totes Isotoner. <\/p>\n
Gymboree - children's clothing retailer. <\/p>\n
Eddie Bauer - clothing. <\/p>\n
Eddie Bauer - clothing. <\/p>\n
Neiman Marcus - Department store. <\/p>\n
Neiman Marcus - Department store. <\/p>\n
Claire's - Jewelry and accessories. <\/p>\n
Claire's - Jewelry and accessories. <\/p>\n
Cole Haan - Men's and women's shoes and accessories. <\/p>\n
Cole Haan - Men's and women's shoes and accessories. <\/p>\n
True Religion - Clothing. <\/p>\n
True Religion - Clothing. <\/p>\n
Charming Charlie - Women's clothing, jewelry and accessories. <\/p>\n
Charming Charlie - Women's clothing, jewelry and accessories. <\/p>\n
Charlotte Russe - Women and teen girl clothing. <\/p>\n
Charlotte Russe - Women and teen girl clothing. <\/p>\n
Vince - Men's and women's clothing and accessories. <\/p>\n
Vince - Men's and women's clothing and accessories. <\/p>\n
J.Crew - Men's, women's and children's clothing and accessories. <\/p>\n
J.Crew - Men's, women's and children's clothing and accessories. <\/p>\n
Sears -Department store. <\/p>\n
Sears -Department store. <\/p>\n
99 Cents Only Stores - Price point retail. <\/p>\n
99 Cents Only Stores - Price point retail. <\/p>\n
Nine West - Women's clothing, accessories, shoes. <\/p>\n
Nine West - Women's clothing, accessories, shoes. <\/p>\n
22 retailers that are at serious risk of bankruptcy <\/p>\n
The brick-and-mortar retail world continues to crumble around the United States as Amazon and online stores continue to boom. Many companies are seeking bankruptcy protection to reduce debt and reach long-term viability. <\/p>\n
Moody's Investors Service listed 22 U.S. retailers with troubled financials that could be heading to potential bankruptcy. <\/p>\n
BANKRUPTCY NEWS:Where to find the RadioShacks still open in Texas <\/p>\n
\"The majority of retailers remain fundamentally healthy,\" said Moody's Lead Retail Analyst Charlie O'Shea, \"But as select groups of retailers continue to deteriorate -- in particular department stores and specialty retailers -- we believe the distressed ranks will keep growing, fueled in part by distinct vulnerabilities within the B2\/B3 retail population.\" <\/p>\n
(Story continues below...) <\/p>\n
A B2\/B3 rating is in reference to a speculative grade in Moody's Long-term Corporate Obligation Rating. Obligations rated B2 are considered speculative and are subject to high credit risk. Rating one notch lower is B3. <\/p>\n
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22 retailers that are at serious risk of bankruptcy - Chron.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" By Julie Takahashi, Chron.com \/ Houston Chronicle Photo: Diana Haronis\/Moment Editorial\/Getty Images David's Bridal-Wedding and prom dresses, formal wear. > > Here is a list of chains that Moody's says are at serious risk of bankruptcy... David's Bridal-Wedding and prom dresses, formal wear Continue reading