The Amazon Effect: Retail Bankruptcies Surge 110% In First Half Of The Year
Sunday, July 30, 2017 11:14 PM EDT
According to the rating agency, the trailing 12-month high-yield default rate among U.S. retailers rose to 2.9% in mid-July from 1.8% at the end of June, after J. Crew completed a $566 million distressed-debt exchange.