The list of U.S. retailers with troubled financials that could make them potential bankruptcy risks now totals 22, according to ratings by Moody’s Investors Service — topping the 19 recorded at the peak of the Great Recession. Confronting a major shift to online shopping Sears Holdings, Neiman Marcus Group and others on the list face a “perfect storm,” senior Moody’s retail analyst Charles O’Shea said Thursday. Although it is impossible to predict the financial future of the companies, an earlier Moody’s list of distressed retailers issued in March proved prophetic in a few cases. Discount footwear company Payless ShoeSource and Rue21, a teen fashion retailer, have since filed for bankruptcy court protection. Gymboree, a specialty seller of children’s apparel, missed a June 1 interest payment on senior notes due in 2018.

Retailers rated Ca or lower by Moody’s:

Boardriders SA  – sporting subsidiary of Quiksilver

The Bon-Ton Stores – parent of department store chain

Fairway Group Holdings – food retailer

Tops Holding II – supermarket operator

99 Cents Only Stores – discount retailer

TOMS Shoes – footwear company

David’s Bridal – wedding dresses and formalwear seller

Evergreen AcqCo 1 LP – parent of thrift chain Savers

Charming Charlie – women’s jewelry and accessories

Vince LLC – clothing retailer

Calceus Acquisition – owner of Cole Haan footwear firm

Charlotte Russe – women’s clothing

Neiman Marcus Group – luxury department store

Sears Holdings – owner of Sears and Kmart.

Indra Holdings – holding company owner of Totes Isotoner

Velocity Pooling Vehicle – does business as MAG, Motorsport Aftermarket Group

Chinos Intermediate Holdings – parent of J. Crew Group

Everest Holdings – manages Eddie Bauer brand

Nine West Holdings – clothing, shoes and accessories

Claire’s Stores – accessories and jewelry

True Religion Apparel – men’s and women’s clothing

Gymboree – children’s apparel

Comments are closed.