The US Retail Apocalypse Just Got Worse

David Swartz, Equity Analyst, Morningstar

07-Apr-20 08:45

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The retail sector in the U.S. was already suffering from an "apocalypse" as mall traffic declined and department stores around the country were forced to close. Now, with the COVID-19 outbreak, things just got a lot worse. How will the retail sector emerge from this crisis? Will any of them escape unscathed? We speak to Morningstar analyst David Swartz for insights on the troubled industry.

Produced by: Shazana Mokhtar

Presented by: Wong Shou Ning, Lyn Mak

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Categories: SME, Markets, Fashion, Investments

Tags: US, retail, nike, jc penney, department stores, retail apocalypse, macys, morningstar, luxury,

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