66 East Main Street, 3rd Floor Little Falls, NJ 07424

Retailers Filing Bankruptcy – PetSmart on the List as a Possible

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April 2, 2018

After Toy-R-Us, which has been around for so long, many other retailers are struggling.   There is just too much saturation and on-line buyers.

With on-line shopping, buyers go to the brick and mortar stores first.   Then the buyers go home and get the best price on-line.    Many on-line stores offer free shipping; E-bay offers even free shipping on many items, too.    Many of these stores end up being a “showroom” for their on-line competitors.

One of my favorite stores is PetSmart.   It is just something about bringing your dog into the store.   Not only do I pick up the items I need but also enjoy looking at the other dogs.  My dogs love it, too.

This is one store, I hope avoids bankruptcy.  My dogs feel the same way too

Among the bankruptcies so far this year are Bon-Ton Stores, which filed in February and Bi-Lo, which owns the store chains Winn-Dixie and Tops Friendly Markets.

Here is a listing of potential upcoming bankruptcies (19):

  • 99 Cents Only Stores LLC
  • Bluestem Brands, Inc.
  • Everest Holdings, LLC
  • FULLBEAUTY Brands Holdings Corp.
  • J.Crew Group, Inc.
  • New Academy Holding Co. LLC
  • PetSmart Inc.
  • Steak ‘n Shake Inc.
  • SSH Holdings
  • David’s Bridal, Inc.
  • Neiman Marcus Group
  • Evergreen AcqCo 1 LP
  • HT Intermediate Holdings Corp.
  • Payless
  • BKH
  • The Fresh Market
  • Guitar Center
  • Claire’s Stores, Inc.
  • Sears Holdings