Rue21 bankruptcy pushes retail default rate higher -- and there'...

05/16/17


MarketWatch

Rue21 bankruptcy pushes retail default rate higher -- and there's more stress to come
MarketWatch
The bankruptcy filing of teen retailer Rue21 on Monday has boosted the U.S. retail loan default rate to 1.7% from 0.9% and the current struggles of another teen retailer may push it to 2.7% in the near term, Fitch Ratings said Tuesday. A pending ...
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