--- title: These 15 Retailers May Not Survive 2018 description: Analysts say that retailers like Sears, Kmart, Stein Mart, bebe, Bon-Ton, Men's Wearhouse are at high risk of bankruptcy in 2018. authors: - name: Brad Tuttle role: Senior Editor url: https://money.com/author/brad-tuttle/ bio: Brad Tuttle is a former senior editor at Money with over 10 years’ experience covering a vast number of personal finance topics, including careers, cars, travel, budgeting, investing, insurance, credit cards, consumer psychology, real estate, banking, and shopping and deals. education: Columbia University School of Journalism, MS at_money_since: 2014 articles: 366 covers: - Business - Banking - Career Advice - Credit - Credit Cards - Economy and Politics - Education - Health and Wellness - Housing - Identity Theft - Insurance - Investing - Lifestyle - Loans - Mortgages - Personal Finance - Pets - Professional Services - Retirement - Shopping - Taxes - Technology social: - https://twitter.com/bradrtuttle - https://linkedin.com/in/brad-tuttle-834b225 former_staff: true published: '2018-01-02T18:11:23.000Z' modified: '2024-05-16T12:54:55.000Z' section: Business tags: - Amazon - Bankruptcy - Retail - Shopping word_count: 446 canonical: https://money.com/stores-closing-retail-bankruptcy-2018/ type: Article source: structured-blocks --- > **Disclosure:** Money may earn a commission when you click on the products and services below. Opinions are our own, but compensation and in-depth research determine where and how they appear. [Learn more](https://money.com/page/disclaimer/) about how we make money. ![Burlington Coat Factory store exterior](https://img.money.com/2018/01/180102-retailers-burlington.jpg) *Burlington Coat Factory store exterior.* Retailer bankruptcies seriously piled up in 2017: A total of 50 major store chains, including iconic players like [Toys R Us](https://money.com/toys-r-us-bankruptcy-gift-cards/) and Payless Shoes, filed for bankruptcy protection last year, according to [S&P Global Market Intelligence](https://marketintelligence.spglobal.com/our-thinking/news/bankrupt-retailers-reorganize-at-a-record-rate-in-2017). That's up from 47 retailer bankruptcies in 2016 and only 30 in 2014. The bad news is that 2018 is expected to be another brutal year for retailers, with even [more bankruptcies](https://money.com/retail-stores-closing-declare-bankruptcy/) and thousands of [store closures](https://money.com/retail-stores-closing-locations/) likely. Analysts say that American shopping centers are simply overbuilt, and that it's particularly difficult for all of the stores to survive in the era of increased competition from Amazon and other online retailers. That's why so many stores were at high risk for bankruptcy in 2017, and why the pace of retailer bankruptcies could increase this year. S&P Global Market Intelligence recently published a list of the 15 retailers that are [most likely to declare bankruptcy](https://marketintelligence.spglobal.com/our-thinking/news/december-retail-market-2017-bankruptcies-now-outpace-2016) in the months ahead. The report includes some companies, such as Sun Pacific, Razer, and Clarus, that are better known as manufacturers but have a small retail presence. Here is S&P's top 15, ranked in order by the probability they will default in the next year. \[UPDATE: *After publication of this article, S&P Global Market Intelligence amended its report to remove companies that are not primarily invested in apparel retail. Razer Inc., Sears Hometown and Outlet Stores Inc. and Clarus Corp. do not appear on the updated report*.\] **1\. Sun Pacific Holding Corp. (sports gear and apparel retailer formerly [known as EXOlifestyle](https://www.reuters.com/finance/stocks/company-profile/SNPW.PK))** Probability of Default: 44.38% **2\. Sears Holding Corp. (Sears and Kmart)** Probability of Default: 25.37% ![Sears Continues Plan To Close Multiple Store Locations](https://img.money.com/2018/01/180102-retailers-sears.jpg) *Customers browse through merchandise that is highly discounted in the Sears store on September 5, 2017 in Provo, Utah.* **3\. Razer Inc. (tech-related [apparel and gear for gamers](https://www.razerzone.com/about-razer))** Probability of Default: 22.86% ![courtesy of Razer](https://img.money.com/2018/01/180102-retailers-razer.png) *courtesy of Razer* **4\. Vince Holding Corp. (luxury fashion retailer)** Probability of Default: 17.94% ![A Vince clothing store in the Meatpacking District in New York on Saturday, December 16, 2017. Vince is on the list of struggling retailers such as Charlotte Russe and Nine West that are suffering from reduced foot traffic as shoppers gravitate towards on](https://img.money.com/2018/01/180102-retailers-vince.jpg) *KRTENH* **5\. The Bon-Ton Stores Inc. (department store)** Probability of Default: 12.74% ![PA: Corporations In Pennsylvania](https://img.money.com/2018/01/180102-retailers-bon-ton.jpg) **6\. Bebe Stores Inc. (apparel retailer)** Probability of Default: 10.17% ![bebe At Miracle Mile "Bold New Look" Event With Adrianna Costa](https://img.money.com/2018/01/180102-retailers-bebe.jpg) *Shoppers pass the store as Adrianna Costa hosts bebe at Miracle Mile's "Bold New Look" event on January 12, 2012 in Las Vegas, Nevada.* **7\. Destination Maternity Corp. (maternity clothing retailer)** Probability of Default: 9.34% ![A Destination Maternity store in Midtown Manhattan in New York](https://img.money.com/2018/01/180102-retailers-destination-maternity.jpg) *A Destination Maternity store in Midtown Manhattan in New York* **8\. Destination XL Group Inc. (big and tall men's apparel retailer)** Probability of Default: 8.78% ![Aug. 05, 2010 - Memphis, TN, U.S. - -August 5, 2010 - Brian Hackney, a Casual Male store manager from Nashville, straightens ties while helping set up the Destination XL store in the East Gate Shopping Center. The new men's superstore concept catering to](https://img.money.com/2018/01/180102-retailers-destination-xl.jpg) *Brian Hackney, a Casual Male store manager from Nashville, straightens ties while helping set up the Destination XL store in the East Gate Shopping Center.* **9\. Stein Mart Inc. (department store)** Probability of Default: 8.24% ![Entrance to SteinMart store or superstore in Virginia Gateway Shopping Center, Gainesville, Virginia, USA](https://img.money.com/2018/01/180102-retailers-stein-mart.jpg) *Entrance to SteinMart store or superstore in Virginia Gateway Shopping Center, Gainesville, Virginia.* **10\. Christopher & Banks Corp. (Minnesota-based [women's apparel retailer](https://www.christopherandbanks.com/company-history.html) with 500+ stores nationally)** Probability of Default: 8.04% **11\. Sears Hometown and Outlet Stores Inc. (Sears Outlet)** Probability of Default: 7.23% ![Canada Sears Liquidation](https://img.money.com/2018/01/180102-retailers-sears-outlet.jpg) **12\. DGSE Cos Inc. (Dallas Gold and Silver Exchange)** Probability of Default: 6.50% ![Auction of rare Rolex Oyster Perpetual Submariner watch, Wiltshire, UK - Feb 2017](https://img.money.com/2018/01/180102-retailers-dgse.jpg) *Rolex Oyster Perpetual Submariner watch* **13\. Burlington Stores Inc. (formerly Burlington Coat Factory)** Probability of Default: 5.96% ![Burlington Coat Factory store exterior](https://img.money.com/2018/01/180102-retailers-burlington.jpg) *Burlington Coat Factory store exterior.* **14\. Tailored Brands Inc. (Men's Wearhouse, Joseph A. Bank)** Probability of Default: 5.69% ![Men’s Wearhouse Jos A Bank](https://img.money.com/2018/01/180102-retailers-tailored-brands.jpg) *People walk by a Jos. A. Bank store, in New York, March 3, 2014.* **15\. Clarus Corp. (outdoors apparel retailer formerly known as [Black Diamond](https://globenewswire.com/news-release/2017/08/10/1083397/0/en/Black-Diamond-Inc-to-Change-Name-to-Clarus-Corporation.html))** Probability of Default: 5.36% ![Attendees are equipped with demo climbing gear at the Black Diamond booth during the Ouray Ice Festival, Ouray Ice Park, Ouray, Colorado.](https://img.money.com/2018/01/180102-retailers-clarus.jpg) *Attendees are equipped with demo climbing gear at the Black Diamond booth during the Ouray Ice Festival, Ouray Ice Park, Ouray, Colorado.* *This post has been updated to clarify that some companies in S&P’s report are manufacturers with a small retail presence.* ```json { "@context": "https://schema.org", "@graph": [ { "@type": "BreadcrumbList", "@id": "https://money.com/stores-closing-retail-bankruptcy-2018/#breadcrumb", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://money.com" }, { "@type": "ListItem", "position": 2, "name": 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