Payless ShoeSource bankruptcy is the latest blow for retail bondholders By: MarketWatch April 05, 2017 at 14:24 PM EDT Fitch Ratings expects the default rate for the troubled retail sector to jump to 9% in 2017 from 1% over the last 12 months. Read More >> Related Stocks: Amazon.com GUESS GX Defense Tech ETF Gap Macy's S&P Retail SPDR