Retailers struggling through their toughest year in a decade
After a subpar holiday season, U.S. brick-and-mortar retailers are off to an even more cheerless year, with 14 having already having declared bankruptcy in 2017.
Women’s clothing label Bebe is the latest casualty, announcing on Friday it would close all 175 stores and liquidate its inventory. The news followed bankruptcy filings by Payless, H.H. Gregg, BCBG Max Azria, The Limited, Wet Seal, Gander Mountain, MC Sports and Gordman’s.
Others, including Macy’s, Ralph Lauren, J
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