Howard Davidowitz on Retail Plunge, Trump Presidency

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Last week, the retail industry took a pretty big hit with major department stores announcing store closings and job layoffs. Howard Davidowitz, Chairman of the New York City-based retail consulting and investment banking firm Davidowtiz & Associates, gives his outlook on the unfolding disaster in the brick-and-mortar retail industry as they battle headwinds coming from numerous fronts.

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Related:
Inside Sears' death spiral: How an iconic American brand has been driven to the edge of bankruptcy
It's A Retail Apocalypse: Sears, Macy's And The Limited Are All Closing Stores
A giant wave of store closures is wreaking havoc on shopping malls
Wal-Mart is rolling back its workforce as layoffs loom by month’s end
Macy's is closing 68 stores, cutting 10,000 jobs
Amazon wins patent for a flying warehouse that will deploy drones to deliver parcels in minutes
Alibaba job boom: Jack Ma chats with Trump about how to create 1 million US jobs over 5 years

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