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home / news releases / M - Here's How Warren Buffett Is Tackling the Retail Industry in 2020


M - Here's How Warren Buffett Is Tackling the Retail Industry in 2020

Investing genius Warren Buffett took the podium for this weekend's Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) shareholder meeting to share his wisdom for three full hours. This company's annual event is always a goldmine for investors who are willing to learn, and the online video-streaming version we got this time was no exception.

Consider, for a moment, the retail industry in 2020: COVID-19 containment efforts are pushing consumers into e-commerce shopping and leaving many traditional bricks-and-mortar store chains struggling to stay afloat. Here's what Buffett had to say about the current state of the retail sector.

Image source: The Motley Fool.

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Stock Information

Company Name: Macy's Inc
Stock Symbol: M
Market: NYSE
Website: macysinc.com

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