2 charts show how a debt-fueled reckoning could eclipse the retail apocalypse, with expected default rates surging to a record and no name left unscathed
Published
· Retail and apparel companies are facing a reckoning amid the coronavirus pandemic.
· J.Crew and Neiman Marcus filed for bankruptcy in the past week. According to media reports, JCPenney is set to follow suit.
· It's only going to get worse, credit-ratings agency Moody's warned. Its forecasted default rate for...