They are arguably the most iconic their mail order catalog was once a fixture of american households in fact some facts some families even ordered their actual houses out of the catalogs they sold how this isnt catalogs for vaal things and then there are the hard numbers we continue to see a large number of retail bankruptcies registered by s. And p. Global intelligence in fact in may of this year the number of such bankruptcies eighteen had already equaled all the bankruptcies for two thousand and sixteen plus retailers dillards kohls sears and macys have all taken big falls on the fortune five hundred list why is this occurring well myriad reasons including but not limited to the bursting of the Consumer Credit bubble back in two thousand and eight that came with that crash of the Housing Market when people couldnt borrow against their equity anymore the rise of amman and amazon and other Online Shopping of course especially for clothes and the loss of middle class due to the stagnan
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