Jan 20, 2022 - Economy & Business

Retail bankruptcies are on the decline

Data: S&P Global Market Intelligence; Chart: Baidi Wang/Axios

Retail bankruptcies plummeted by more than half in 2021, matching the lowest level notched over the past decade.

Why it matters: This may signal an end to the pandemic-prompted retail apocalypse.

Yes, but: Just because the industry is in recovery mode doesn't mean all companies are out of the distress woods.

  • Tailored Brands, J.Jill, Belk, and others, remain on rating agency watch lists.

Richard authors our new Axios Pro newsletter on retail deals. Subscribe at AxiosPro.com.

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