Despite fears over the coronavirus outbreak, the U.S. economy remains strong. Stocks are at all-time highs; consumer confidence is up, and unemployment is down.
Nonetheless, the retail industry continues to transition to the e-commerce era. Department stores and mall-based chains are struggling, losing sales and closing stores, and some are even on the brink of going out of business entirely.
Keep reading to see 20 retailers that are on the brink of bankruptcy, including a few that have already gone into default this year.
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