Friday, March 6, 2020

Coronavirus Fallout Poses Challenges for Most Vulnerable U.S. Retailers

The Wall Street Journal
The weakest U.S. retailers face the biggest risks from the coronavirus epidemic if Chinese factories overseas remain understaffed and customers at home stay away from bricks-and-mortar stores, according to lenders and analysts.

Luxury chain Neiman Marcus Group Ltd., fabric and craft supplies chain Jo-Ann Stores Inc., and apparel seller J.Crew Group Inc. are among the junk-rated retailers exposed to the potential fallout from the coronavirus outbreak, they said.. . . more