Guitar Center
Guitar Center had just one year to pay its $900 million debt when 2018 rolled in. This instrument retail company experienced a 36 percent decrease in the sales of electric guitars from 2005 to 2016. While this looks bad, they still plan to open new stores. They are out of hot water now since they got emergency loans.
Guitar Center
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Southeastern Grocers
Winn-Dixie has been suffering because its parent company filed for bankruptcy to restructure loans. It shuttered nearly 100 stores and paid off about $600 million in debt. The company wants to focus on remodeling and rebranding in the meantime. It seems like it is suffering from competition from both big-box stores and online retailers.
Southeastern Grocers
