It's More Than Amazon: Why Retail Is in Distress Now - NBC4 Washington
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It's More Than Amazon: Why Retail Is in Distress Now

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    It's More Than Amazon: Why Retail Is in Distress Now
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    With more than half of 2017 still ahead, the retail industry is seeing a record-setting pace for bankruptcy filings and store closings — and more are expected, CNBC reported.

    This tipping point for retail is the result of a number of compounding reasons, but the inability to pay looming, massive debt bills is dealing the final death blow to many.

    For some retailers, it's time to pay their creditors.

    The problem is, the debt loads are bigger than many can handle, and there's no time left to make up the cash needed.

    Raqqa's Devastation Shows Entire Neighborhoods Destroyed

    [NATL] Raqqa's Devastation Shows Entire Neighborhoods Destroyed

    Shells of buildings, concrete slabs littering dust-choked streets and destroyed cars are all that is left of whole neighborhoods in Raqqa, Syria, after weeks of fighting and bombings between Islamic State militants and the Kurdish-led Syrian Democratic Forces, backed by the U.S.

    (Published Friday, Oct. 20, 2017)