Retail businesses “in distress” increases, especially online retailers

// 31,615 retailers reported financial distress in Q4 2019 – a 2% year-on-year increase, according to Begbies Traynor
// Online retail sector on its own saw an 8% year-on-year
// Overall, the number of businesses in significant financial distress in Dec 2019 had hit 494,000The number of retailers in significant financial distress has has grown year-on-year, according to an influential report.
Research from corporate restructuring firm Begbies Traynor found that overall, the number of busin