Sears, Claire’s at High Risk of Retail Failures, Fitch Says

Sears Holdings Corp., Claire’s Stores Inc. and Nine West Holdings Inc. are among seven chains at high risk of defaulting within a year as shoppers shift to online merchants and spend more on experiences, according to a Fitch Ratings study of retail bankruptcies. The companies were named in a 114-page report Wednesday that found retailers wind up liquidated almost three times more often than other…