Up to $13 billion in 2017. Brick-and-mortar gets some relief. Consumers not amused.
It was bought out by a PE firm, saddled with $8 billion in debt, and grapples with its fate.
Only about half of retail is under attack from e-commerce, but that half is getting crushed.
Where they went, where they came from.
Retailers in bankruptcy are notoriously hard to restructure.
Leverage is why the Fed has been worried about the price bubble in CRE.
Brick-and-Mortar Meltdown sets record. And Q2 starts out on the right foot.
Which sectors created 2.2 million jobs in 12 months? Brick & mortar melts down. Governments shed jobs too, even information tech.
And private equity firms are at the helm.
“Little or nothing.” Toys “R” Us and its commercial mortgage backed securities.