The Fed Calls it “Collateral Stripping.” These PE Firms Took it to the Next Level and Just Got Away With It by Wolf Richter • Jun 12, 2019 • 56 Comments Neiman Marcus newest disclosures – and what the crazy-hot IPO market has to do with it.
How Will This Unwind? Amid Stimulus, Forbearance, Eviction Bans, Consumer Bankruptcies Dropped to Lowest in Decades. Commercial Chapter 11 Bankruptcies Highest in Years by Wolf Richter • Jan 6, 2021 • 41 Comments Weirdest Economy Ever, as 20 million people still claim unemployment benefits.
Brick & Mortar Retailers, Malls, Mall-REITs, and their Debts: The Whole Schmear is Coming Apart by Wolf Richter • Jul 24, 2020 • 170 Comments There’s Just No Good Way Out.
As the Biggest Restaurant Chains in the UK Fall into Bankruptcy, Attention Turns to KKR & Other PE Firms that Own Them by Nick Corbishley • Jul 4, 2020 • 73 Comments PE firms sit on lots of cash but won’t invest it in their stripped-bare and failing restaurant chains.
Retail Sales by Segment in 12 Hair-Raising Charts by Wolf Richter • Jun 16, 2020 • 109 Comments It’s a pandemic, so there are problems with the data.
An Epically Bad Week for US Brick-and-Mortar Retailers and Landlords by Wolf Richter • Jun 14, 2020 • 102 Comments Winners in this crisis: Ecommerce – for retailers that don’t sell men’s office & formal wear – and for sure, lawyers.
During the Last Financial Crisis, Even Ecommerce Sales Plunged. Not This Time by Wolf Richter • May 19, 2020 • 64 Comments Ecommerce Spikes to Record. Mall Stores Got Hung Out to Dry. Walmart’s Online Sales, Still Woefully Behind, Shot Up 74%
Shares of Mall REITs Jumped 12% Today, But Have Collapsed So Far It’s a Barely Visible Blip by Wolf Richter • May 18, 2020 • 99 Comments The disaster came in two phases: first, the brick-and-mortar meltdown, then Covid-19.
Here’s What Collapsed, Spiked, or Hung On in 12 Charts of Retail Sales (Yes, Department Stores Were Already Toast) by Wolf Richter • May 15, 2020 • 141 Comments Years of brick-and-mortar meltdown get compressed into a few months. But ecommerce is booming.
US Commercial Real Estate Prices Plunged in April, Mall Prices Collapsed by Wolf Richter • May 11, 2020 • 171 Comments Tenants’ collapsing one after the other without replacement has a pernicious impact on property prices.
