NEW YORK (
) -- Retailers clearly appear to be on a path to recovery -- but there are bound to be a few more fatalities before the recessionary dust clears.
And as retail companies prepare to announce their fourth-quarter results -- which include the all-important holiday season -- several retailers have already warned that disappointment may lie ahead.
, prompting the company to lower its outlook for the quarter. Blockbuster now expects a loss between $183 million and $193 million.
. The book retailer said same-store sales for the 11 weeks ended Jan. 11 tanked 14.6%.
Borders has been facing some tough times as competition grows among discounters like
. As a result, Borders announced at the end of last year that it would shutter 182 Waldenbooks.
And while drugstores overall have managed to remain viable amid the recession,
has been struggling ever since it acquired Brooks & Eckerd in 2006.
Rite Aid posted a 1.8% drop in same-store sales in December, its 10th consecutive monthly decline. Still, investors are hoping the
last week will get the company back on track.
, meanwhile, is facing issues of its own.
Top executives, including its CEO, chief stores officer and chief merchandising officer, all resigned earlier in the month
The move came on the heels of a 12% plunge in sales in December, as the jeweler was forced to cancel orders ahead of the holiday season.
Zale was also the center of a Securities & Exchange investigation into financial irregularities in 2009.
With all of these companies on the fritz in various ways, which of them -- Blockbuster, Borders, Rite Aid or Zale -- do you think would be most likely to file for bankruptcy in 2010?
-- Reported by Jeanine Poggi in New York.
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