It's More Than Amazon: Why Retail Is in Distress Now - NBC 6 South Florida
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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.

    3 Dead in Maryland Shooting; Manhunt for Gunman Underway

    [NATL] 3 Dead in Maryland Shooting; Manhunt for Gunman Underway

    Authorities are searching for Radee Labeeb Prince, 37, who is on the run after he was suspected of shooting five employees of Advanced Granite Solutions at the Emmorton Business Park in Edgewood, Maryland. 

    (Published Wednesday, Oct. 18, 2017)