Say Farewell To These Stores That Are Planning To Shut Down This Year

PetSmart Inc.

PetSmart Inc. is a pet product retailer that has more than 1,500 stores across North America. Its $8 million debt has been attributed to competition from Amazon. It finally bought an e-commerce site, but Chewy set it back by $3.35 billion! Whoa. That is the most expensive e-commerce site ever.

PetSmart

BKH Acquisition Corp.

BKH Acquisition Corp. operates more than 100 Burger King joints in Puerto Rico. However, it got placed on the Distressed Company Alert list! The current crisis happened due to an ongoing credit issue. The economic situation in the country did not help either.

BKH Acquisition Corp.