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5 retailers at risk of going bankrupt in 2018

The interior of the Schuylkill Mall
The interior of the Schuylkill Mall (Spencer Platt/Getty Images)

DETROIT – It's been a tough year for brick-and-mortar focused retailers.

2017 has been a ongoing flood of store bankruptcy announcements - seemingly at least once per month.

Here's what we've seen already in 2017:

So, what's next for the retail business? As companies shift to online shopping, like Amazon, Walmart and Target - some have missed the boat, and it could be too late.

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Here are five stores that could join the list of retailers closing stores next year:

Claire's 

Claire's, the low-cost clothing and jewelry outlet for teens, has not shifted to an online world. The chain has about 2,700 stores worldwide, and closed 166 of them in 2016. The company has a lot of debt and is one to keep an eye on for more closures.

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David's Bridal

The wedding boutique has more than 300 locations worldwide, but has more than $500 million in loans due by 2019.

Nieman Marcus

The luxury department store put itself up for sale this year after a sales slump.

True Religion

The L.A. based chain that sells high priced jeans and big dip in sales athleisure clothing has seen a big dip in sales.

Bed Bath & Beyond

Bed Bath & Beyond shares plunged by about 12% in after-hours trading last month following a disappointing earnings report. The retailer said its net earnings for the second quarter of fiscal year 2017 were $94.2 million, a significant drop from the $167.3 million it reported for the same period last year. Same-store sales fell by about 2.6% from this time last year.  

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