15 Big Box Retailers at Risk of Bankruptcy in 2023 | |
Anonymous Coward User ID: 82663419 United States 06/09/2023 12:33 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 85304909 United States 06/09/2023 12:35 PM Report Abusive Post Report Copyright Violation | The list of endangered retailers continues to grow this year. Many companies that actually exited bankruptcy in the past are now being threatened by it again, while others that proved resiliency and stability for decades are struggling with debt, weak revenue, and higher competition and may have to shut doors for good in the next few months. Forbes analysts say that a bankruptcy wave was already expected. The only surprising thing about it is that it didn’t happen sooner. For many iconic companies, this will be the end of an era. And for many Americans, this crisis will result in some lamentable losses of favorite stores, brands, and products. For example, after witnessing the bankruptcy and outright collapse of rival Cineworld, shares of AMC dropped by 38% in a single day. During the pandemic, the world’s largest movie theater chain became a meme stock and retail investors pushed its stock up more than 1,000%. Unfortunately, from that point on, things have only gone downhill for the entertainment retailer. A series of controversies have emerged, including allegations that Sam Bankman-Fried’s FTX may have manipulated AMC stock. More recently, Robinhood warned investors that the company was about to file for bankruptcy – which AMC later said wasn’t true. Well, at least for the time being because conditions continue to deteriorate from the chain. In February, its quarterly loss shot up to $287 million, and overall revenues fell again. The retailer is still in a very vulnerable position, and the current economic challenges may push it over the edge. Here’s the list: Abercrombie & Fitch Barnes & Noble AMC Macy’s American Eagle Outfitters JCPenney Forever 21 Kmart Foot Locker J. Jill Casper Sleep Alex and Ani Brooks Brothers Tailored Brands Wayfair [link to americafirstreport.com (secure)] Kmart??? Pretty sure they are defunct already. Like years ago |
Anonymous Coward User ID: 83355019 Netherlands 06/09/2023 12:42 PM Report Abusive Post Report Copyright Violation | Whoever made that list is a complete retard. Quoting: Anonymous Coward 74245221 Forever 21, Foot Locker, J. Jill, Casper Sleep, Alex and Ani, and Brooks Brothers are NOT big box stores. Kmart has been dead for YEARS. Another idiot doom piece put together by some collapse cumming dumb shit stain. This list looks like a cut and paste from 5 years ago. |
Anonymous Coward User ID: 85697524 United States 06/09/2023 12:43 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 85937377 United States 06/09/2023 12:56 PM Report Abusive Post Report Copyright Violation | I like Wayfair, but their system is compromised and although they've known about it for years refuse to fix it. I'm not shopping on a site that lets random people easily use my credit card to order from their site. Macy's is good for deals sometimes just avoid Wednesday, their prices are higher. Jcpenney I never shop. Them and Kohl's prices are ridiculous even more than Macy's for clothing. |
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Anonymous Coward User ID: 82601536 United States 06/09/2023 01:18 PM Report Abusive Post Report Copyright Violation | I like Wayfair, but their system is compromised and although they've known about it for years refuse to fix it. I'm not shopping on a site that lets random people easily use my credit card to order from their site. Quoting: Anonymous Coward 85937377 Macy's is good for deals sometimes just avoid Wednesday, their prices are higher. Jcpenney I never shop. Them and Kohl's prices are ridiculous even more than Macy's for clothing. We still have a Penney's nearby, but I never shop there. |
Anonymous Coward User ID: 79172087 United States 06/09/2023 01:19 PM Report Abusive Post Report Copyright Violation | Can't stand that retarded "British" drama news voice on the video. Quoting: Anonymous Coward 2460366 Thank you OP for posting list ! Here’s the list: Abercrombie & Fitch Barnes & Noble AMC Macy’s American Eagle Outfitters JCPenney Forever 21 Kmart Foot Locker J. Jill Casper Sleep Alex and Ani Brooks Brothers Tailored Brands Wayfair Adding TARGET These are not considered big box stores, for the most part. |
Brudder
User ID: 85934820 06/09/2023 01:32 PM Report Abusive Post Report Copyright Violation | The last time I went in a JCPenny, the prices were outrageous, and when I went in the dressing room to try on my clothes, I saw a used condom on the floor. Plus they closed at 7 p.m., they used to stay open til 9 and now they close at 7?? In the end, winning is the only safety!! |
Possum70
User ID: 84764314 United States 06/09/2023 02:05 PM Report Abusive Post Report Copyright Violation | |