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.

@RichCollings richard.collings@adweek.com Richard Collings is a retail reporter at Adweek.