50 Companies At Risk of Bankruptcy in 2020

Published on November 26, 2019
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Kirkland’s

Kirkland is a Tennessee American retail chain that specializes in home décor, furniture and accessories. With 434 stores in 37 states, it has diversified itself to have an online presence and an online store. As of 2005, Kirkland has been reporting profit losses with attempts to improve its state through lease-related accounting and restructuring. The company’s net income is currently at $5.3 million, which is down from 2017.

Kirkland's

Kirkland’s

Stein Mart

Stein Mart is an American discount department store that was founded in 1908 in Mississippi. As of March 2019, there are currently 283 stores. In addition to selling clothing, Stein Mart sells home décor and accessories at a discounted price. Since 2018 the company has been attempting to explore alternatives to maintaining afloat in a world evolving from traditional retail shopping to online shopping. In 2016, the company reported a loss in operations, net, and equity.

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Stein Mart Closing

Stein Mart Closing