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There's A 'Retail Meltdown' Happening In 2017. Here's Why

NPR
Published April 10, 2017 at 12:52 PM EDT
A pedestrian walks by a Payless Shoe Source store on April 5, 2017 in San Francisco. The Kansas-based discount shoe retailer has filed for Chapter 11 bankruptcy and will close nearly 400 of its stores. (Justin Sullivan/Getty Images)
A pedestrian walks by a Payless Shoe Source store on April 5, 2017 in San Francisco. The Kansas-based discount shoe retailer has filed for Chapter 11 bankruptcy and will close nearly 400 of its stores. (Justin Sullivan/Getty Images)

We’re just over three months into 2017, but already there have been nine retail bankruptcies, including Payless Shoe Source — as many as all of last year, according to Derek Thompson (@DKThomp), senior editor for The Atlantic. Here & Now‘s Jeremy Hobson checks in with Thompson about what's happening.

  • The Atlantic: What In The World Is Causing The Retail Meltdown Of 2017?

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