Brick-and-Mortar Retail Outlook is Grim 💀
The US has a massive overabundance of retail space that is being made obsolete by the eCommerce industry’s continued growth. Alex breaks down some brick-and-mortar retail statistics and talks about why he thinks more bankruptcies for retailers are on the way.
This is an excerpt from episode 21 of Winner Take All. Watch the full episode here: youtu.be/-8867hq_3ZE
Retail apocalypse data:
wolfstreet.com/2017/07/31/asset-stripping-pe-firms-fuels-brick-mortar-retail-meltdown/
www.businessinsider.com/retail-apocalypse-is-still-in-early-innings-cowen-says-2018-10
www.rba.gov.au/publications/bulletin/2019/jun/competition-and-profit-margins-in-the-retail-trade-sector.html
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