Thursday, March 19, 2020

Distressed retailers struggled with falling sales for years — and then came coronavirus

Retail Dive
Retailing has been plenty difficult for the past several years. Of the dozens of retailers to file for bankruptcy since 2016, many if not most of them described in court papers a landscape that suddenly shifted. Consumers changed their habits, and traffic to stores fell just as suddenly and confoundingly.

Those trials might ultimately seem quaint compared to the massive disruption the spread of COVID-19, and the measures taken to slow it, are bringing to the industry.. . . more