It's More Than Amazon: Why Retail Is in Distress Now - NBC Southern California
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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.

    At Least 25 Killed in Mexico City School Collapse

    [NATL] At Least 25 Killed in Mexico City School Collapse

    At least 25 people, mostly children, died when the Enrique Rebsamen school collapsed in Mexico City from a 7.1 magnitude earthquake on Sept. 19, 2017. Rescuers are racing against time to pull as many survivors out from the rubble as possible, with 11 rescued alive. 

    (Published 44 minutes ago)