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Stock impact report

Analysis: Retail is used to existential crises, but bankruptcies can't save it now [MSN Money]

Macy's Inc (M) 
Last macy's inc earnings: 2/25 06:55 am Check Earnings Report
US:NYSE Investor Relations: macysinc.com/ir
Company Research Source: MSN Money
Retail has for years faced the challg of slowing foot traffic, changing shopping patterns and online competitors that has caused a retail upheaval some analysts have deemed the "retail apocalypse."The uncertainty and challg that have swept over the U.S are causing a pause in the bankruptcy© Provided by CNBCFor retailers, facing an apocalypse isn't anything new. What's new is the fact that everyone else is too.Load ErrorRetail has for years faced the challg of slowing foot traffic, changing shopping patterns and online competitors that has caused an industry upheaval some analysts have deemed the "retail apocalypse."But as the coronavirus pandemic has ground U.S. busins to a halt, the pain has spread far and wide to upstart retail brands, landlords, lders and suppliers. With everyone in durs, landlords and creditors with the ability to pull the trigger that could put a retailer into bankruptcy have become gun shy."Everyone has a gun to their head," said one banker requting anonymity. " Show less Read more
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