4 Signs a Retailer Is Going Under
Shrinking vendor support and unprofitable locations are two giveaways of trouble.
We spoke with Brian Davidoff, head of Greenberg Glusker's Bankruptcy and Financial Restructuring Group, who laid out the four signs that a retailer is going under.
They are:
- excessive debt obligations
- shrinking vendor support
- extending maturities on debt
- unprofitable locations
Watch our full interview with Brian Davidoff and subscribe to TheStreet on Youtube
