Despite Uptick in Holiday Sales, Don’t Expect Retail Bankruptcies to Subside

Struggling retailers lack the cash to compete

Pier 1 Imports signage
Pier 1 Imports is among the most troubled retailers heading into January, according to Moody's. Getty Images

Despite an uptick in retail sales during the 2019 holiday shopping season, don’t expect the financial pressure on troubled retailers to subside in 2020, according to retail analysts at credit rating agency Moody’s Investors Service.

The Business of Marketing

Don't miss The Business of Marketing, a new series featuring leading c-suite executives sharing insights on the importance of leveraging the intersectionality of marketing, finance, technology, HR and the boardroom to drive business growth. Tune in.

@RichCollings Richard Collings is a retail reporter at Adweek.