10 Retailers to Watch for a Bankruptcy Filing in 2019

THOMAS S. ONDER | January 8, 2019

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2018 represented another busy year for Chapter 11 retail bankruptcy filings, with Sears dominating the headlines in the last quarter of 2018 and Toys “R” Us closing all of its US stores before the third quarter.As the New Year unfolds, the following are 10 retailers to watch for a possible Chapter 11 filing this year:Gymboree – a Chapter 22 filing? Like Payless that filed a Chapter 11 about year ago, Gymboree also filed a Chapter 11 bankruptcy petition and shed a number of unprofitable stores. Yet, both the Wall Street Journal and Retail Dive recently reported that Gymboree is seeking a bankruptcy loan for a possible second Chapter 11, in less than two years from the first Chapter 11 filing. Further, reports are that the filing could occur in January. Currently, the retailer has about 900 stores.

Spotlight

Bridgestone

Nashville, Tenn.-based Bridgestone Americas, Inc. is the U.S. subsidiary of Bridgestone Corporation, the world’s largest tire and rubber company. Bridgestone Americas and its subsidiaries develop, manufacture and market a wide range of Bridgestone, Firestone and associate brand tires to address the needs of a broad range of customers, including consumers, automotive and commercial vehicle original equipment manufacturers, and those in the agricultural, forestry and mining industries.

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