The Reasons Why <br />Major Retail Businesses , Are Filing For Bankruptcy.<br />The Reasons Why <br />Major Retail Businesses , Are Filing For Bankruptcy.<br />After the recent Chapter 11 bankruptcy filing of Revlon, .<br />experts say there could be a slew of retailer filings in the coming months.<br />Retail is in flux, Perry Mandarino, B. Riley Securities, via CNBC.<br />And within the next five years, the landscape will be much different than it is today, Perry Mandarino, B. Riley Securities, via CNBC.<br />Experts say that well known brands are at risk, including Serta Simmons, Rodan & Fields and Men's Warehouse.<br />We have potentially a perfect storm brewing, Sally Henry, Professor of Law at Texas Tech Law School, via CNBC.<br />I wouldn’t be surprised to see an uptick in retail bankruptcies, Sally Henry, Professor of Law at Texas Tech Law School, via CNBC.<br />Experts say it comes down to demand.<br />Consumers aren’t just buying less stuff, they are shopping less, which means a loss of the impulse-shopping moments that are critical to retail growth, Marshal Cohen, NPD Group, via CNBC.<br />Experts also say that the landscape is becoming increasingly complex.<br />There are many more variables, Steve Zelin, PJT Partners, via CNBC.<br />Some see danger signals in an overuse of credit.<br />Consumers have been willing to spend on credit cards, on mortgages and on buy now pay later programs, David Berliner, Chief of BDO’s Business Restructuring, via CNBC.<br />I’m afraid a lot of consumers are are going to be tapping out their credit cards and then they’re going to be forced into an <br />abrupt pullback, David Berliner, Chief of BDO’s Business Restructuring, via CNBC
