SRG - A Foolish Consistency Is The Hobgoblin Of Little Minds
Every day that goes by in the new era of physical distancing seems to bring another retailer closer to liquidation. Just take a look at these recent headlines from this CNBC retail specialist (*):
- With 100,000 stores set to close by 2025, mall owners face this legal hurdle next
- Gap stops paying rents, warns it might not have enough cash for operations
- Private equity firm Sycamore is trying to get out of deal to take over Victoria’s Secret
- The coronavirus pandemic will likely leave a lasting legacy on retail: Fewer department stores
- Macy’s