The US Retail Apocalypse Just Got Worse

David Swartz, Equity Analyst, Morningstar

07-Apr-20 08:45

Pause
Embed

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

This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories: SME, Markets, Fashion, Investments

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

Today’s Shows

11:00 AM

Best of Enterprise

(REPEAT) Jan Wong, Founder, Open Minds, on Malaysia’s Martech Digital Edge.

12:00 PM

Popcorn Culture

(REPEAT) We review One Battle After Another, Leonardo DiCaprio’s first collaboration with acclaimed director, Paul Thomas Anderson - and discuss your favourite of Leo's performances.

1:00 PM

Cruise Control

(REPEAT) We talk about the price war that's affecting the industry and the manufacturers that are selling their cars at discounted prices.

2:00 PM

Matt-Splained

(REPEAT) Matt and Rich debate how quickly AI has reached the threshold of deniability: the reality remix.

3:00 PM

Earth Matters

(REPEAT) A recent tiger poaching case in Johor highlights the urgent threats facing Malaysia’s national icon. We speak with Rimau founder Lara Ariffin about her organisation’s fight to protect the last Malayan tigers.

4:00 PM

Bar None

(REPEAT) We speak to a sport climbing coach and a skateboarder to learn how they train as athletes.

5:00 PM

BBC World Service

This episode of The Conversation features two filmmakers that are working on football-related movies.

PROGRAMMES