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Moody's Says 39 Retailers Distressed

Moody's recently put out a "Bottom Rung" list of 283 companies that the ratings agency thinks are most at risk of defaulting on their debt, and there's a lot of retail on there. Reuters has nicely put together a condensed list of all 39 retail and restaurant operators to make the distinction, and there's...

By Ian Ritter | Updated on March 11, 2009

Moody’s recently put out a “Bottom Rung” list of 283 companies that the ratings agency thinks are most at risk of defaulting on their debt, and there’s a lot of retail on there.Reuters has nicely put together a condensed list of all 39 retail and restaurant operators to make the distinction, and there’s not too many surprises. Some of the names with the biggest real estate presence include Arby’s, Blockbuster, Burlington Coat Factory, Claire’s Stores, Michael’s, OSI Restaurant Partners (Outback Steakhouse) and Rite Aid.Do any of the operators on the list surprise you?

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