(USA Today)The past year has been a bleak one for many retailers.
Over 20 retail chains -- including Radio Shack, Toys R Us, and HHGregg -- filed for bankruptcy, and some were liquidated.
Things are not likely to get better in 2018. They may even be worse.
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"I think the early part of next year will be pretty bad ... I think it will be tough," Moody's lead retail analyst Charlie O'Shea told CNBC.