Retail defaults are at an all-time high — here are all the bankruptcies and liquidations so far in 2018

16 US retailers have filed for bankruptcy or announced liquidations so far in 2018.

Here's the retail carnage so far this year:

Nine West

Nine West Holdings filed for bankruptcy in April.

The women's clothing and footwear company said it filed for Chapter 11 bankruptcy protection to help facilitate the sale of its Nine West and Bandolino businesses. The company listed debts of more than $1 billion.

"This is the right step to address our two divergent business profiles," Nine West Holdings' CEO, Ralph Schipani, said in a statement. "Once we complete the reorganization process, our company will have meaningfully reduced debt and interest costs and be well positioned for the future."

Claire's

The jewelry chain Claire's filed for bankruptcy in March. The company said plunging customer traffic to shopping malls led to its decline.

"The retail industry as a whole has been challenged by shifts in consumer purchasing preferences and habits," Claire's said in a bankruptcy filing.

The retailer announced plans to close 92 stores, most of which are located in malls.

The Walking Company

The shoe seller The Walking Company, which operates 208 stores in the US, filed for Chapter 11 bankruptcy protection in March.

The Bon-Ton Stores

Toys R Us

Toys R Usliquidated its US business after an unsuccessful attempt to restructure the company through bankruptcyshut down its Toys R Us and Babies R Us websites.

Remington Outdoor

Remington filed for Chapter 11 bankruptcy protection in March amid slowing gun sales.

The 202-year-old company, which owns gun manufacturers including Bushmaster and Marlin, said its sales fell 30% last year to $600 million.

Remington isn't the only gun company facing sales declines. The downward trend has been called the "Trump slump" becausethe president is seen as supportive of the gun industry.

But Remington had been facing backlash prior to Trump's election.

Remington settled a class-action lawsuit in 2014 and agreed to replace the triggers on 7.5 million allegedly defective guns, free of charge. While Remington maintains that the guns are safe, the lawsuits linked the guns "to hundreds of serious injuries and at least two-dozen deaths,"CNBC reports.

A'gaci

Women's apparel and accessories retailer

Kiko USA

Bertucci's

Italian casual-dining chain Bertucci's filed for Chapter 11 bankruptcy protection in April and closed 15 restaurants.

The company, which has 59 restaurants in the US, said it had agreed to sell its assets to Right Lane Dough Acquisitions LLC for nearly $20 million.

Southeastern Grocers

Southeastern Grocers, the parent company of the grocery chains Winn-Dixie

Tops Markets

Tops Markets operates 174 supermarkets — called Tops Friendly Markets — in New York, Pennsylvania, and Vermont. The company filed for bankruptcy protection in February and has said it plans to close "a few" stores, without specifying an exact number.

Brookstone

Brookstone filed for Chapter 11 bankruptcy protection in August. The retailer said it would be closing all of its mall-based stores, and it's looking for a buyer to take on its e-commerce business and airport-based stores.

Brookstone cited declining traffic to malls as one of the main reasons for its demise.

National Stores

National Stores, parent company of discount-store chains Fallas, Conway's, and Factory 2-U, filed for Chapter 11 bankruptcy protection in August. It announced plans to close 74 of its 344 stores, with clearance sales to begin immediately.

The retailer blamed the bankruptcy on a negative environment for retailers, the costs associated with its Conway's acquisition, lost revenue from Hurricanes Harvey and Maria, and a 2017 data breach.

Mattress Firm

Mattress Firm, filed for Chapter 11 bankruptcy protection on October 5.

The company said it plans to close as many as 700 of its stores. Mattress Firm is currently considered to be the US' largest specialty mattress retailer with an estimated 3,272 stores across the US, according to Wedbush analyst Seth Basham. The company Casper

Sears

Sears, once the largest retailer in the world, filed for Chapter 11 bankruptcy protection on October 15 and announced that Eddie Lampert would be stepping down from his role as the company's chief executive.

The company also said it would close 142 stores before the end of the year, with liquidation sales beginning immediately.

closing stores selling off assets years of crippling sales declines

David's Bridal

The wedding-gown retailer David's Bridal filed for Chapter 11 bankruptcy protection in November.

The company is one of several traditional bridal stores that have been impacted by a growing trend toward casual wedding dresses.

David's Bridal said in its bankruptcy filing that it had no plans to close any of its 300 stores, and that it hoped to reduce its $760 million debt load by $400 million.

Retail defaults are at an all-time high — here are all the bankruptcies and liquidations so far in 2018

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