U.S. retail bankruptcies set a record in early 2017

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According to Standards & Poors, the 14 bankruptcies recorded so far this year – including RadioShack (electronics), Payless and Limited Stores (fashion) – have already come close to the total of 18 in 2016. S&P warns of 10 publicly traded retailers, which are considered most at risk of default over the next year. These include the department stores Sears, Tailored Brands and Bon-Ton Stores, the fashion stores Destination XL and Bebe and specialty retailers Sears Hometown, Perfumania

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