Is the end near?

As a start to the new year, John-Henry Perera of the Houston Chronicle reported on the potential demise of three former retail power houses by years end –  J.C.Penney, Sears and Container Stores.

This is not necessarily news. For one, the death of Sears/Kmart has been predicted for years while they continue to limp along.  Perera’s column is based on forecast from the corporate research unit of Graphic, FindTheCompany.  Based on the Altman Z-Scores, FindTheCompany predicted the likelihood of these three retailers bankruptcies.  FindTheCompany previously forecast the demise of Aeropostale and Quicksilver using the Altman Z-score.

For more: http://listings.findthecompany.com/stories/14107/companies-disappear-2017

 

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