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Retailers sprinted for bankruptcy at a torrid pace so far in 2020, already reaching a level not seen since the Great Recession. Now, as pressures mount for retailers, some are eyeing the exit altogether, according to a new report.

S&P Global Market Intelligence analysts Alexander Bitter and Chris Hudgins write that 44 of the retailers they track have filed for bankruptcy this year. Full-year totals in 2010 and 2011, as recovery from the final crisis began, hit 48 and 45, respectively. For another comparison, 2019 saw 32 total bankruptcy filings.

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Thomas Phillips

Thomas Phillips is part of the social media team at ALM Media.

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