This year has been huge for bankruptcies.
As of August 9, 424 companies had filed for bankruptcy, putting the US on track for its highest yearly tally in a decade, according to S&P Global Market Intelligence.
More than 100 of those bankrupt companies are consumer-focused.
Those consumer companies have also been among the most high-profile businesses to file for bankruptcy, accounting for 11 of the 35 biggest bankruptcies so far this year.
With the temporary closure of nonessential retail stores, and many people shifting their spending as they continue to stay home, it makes sense that consumer-centric companies would be among the hardest hit during the coronavirus pandemic.
Here are the biggest consumer bankruptcies so far this year, each with more than $1 billion in liabilities at the time of their filing, according to S&P.
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