“retail apocalypse” of two-ish years ago?
For a few months in 2017, mainstream financial news websites were littered with photos of abandoned malls and sad stories of retail workers who lost their jobs to e-commerce competitors like Amazon.
The mainstream media has long since moved on from the “retail apocalypse” story, but that doesn’t mean retail stocks are out of the woods. Not by a long shot.
In fact, for many struggling brick-and-mortar stores, the apocalypse never ended. And now that the yield curve is inverted and the U.S.-China trade war is in full swing, some weakened retail stocks are facing a scary question: Can they survive the next recession?
Today, we’re looking at three retail stocks that likely can’t.
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