Five-year retail boom implodes.
“Very challenging” sales trends.
Stunning acceleration of a trend.
Brick-and-mortar retail sinks artfully into coma.
Restaurants are a leading indicator of the economy into a downturn.
PE Firm Apollo Schemes to Get Unstuck as Claire’s Stores Goes over the Cliff.
The worst plunge since the Financial Crisis.
Previously “pent-up” real-estate demand to “fizzle.”
Another bankruptcy. Toxic Safeway-Albertsons combo waiting in the wings.
There’s no respite in sight.