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I’m in Awe of How Fast Brick-and-Mortar Retail is Melting Down

April 24th, 2017
Categories: News

Link: http://investmentwatchblog.com/im-in-awe-of-how-fast-brick-and-mortar-retail-is-melting-down/

Mall traffic is sagging. Department store sales have been in decline since 2001. Most retailers are loaded up with debt. Many have been losing money Store closings numbered in the thousands last year. “Zombie malls” vast parking lots rented to car dealers to store their excess vehicle inventory. E commerce sales are booming, including online sales by some brick-and-mortar retailers, such as Walmart and Macy’s: Over-indebted retailers are notoriously difficult to restructure and many end up being liquidated

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