Monday, September 23, 2019

'Retail apocalypse' could last another 2 years

Retail Dive
The current period of consolidation colloquially known as the "retail apocalypse" may last for another 18 to 24 months, according to an emailed analyst note from investment bank B. Riley FBR.

That includes both liquidating retailers and healthy players looking to rationalize their store fleets. Much of the closures would happen at B- and C-class malls, which have already struggled for years now.. . . more