Retail Apocalypse Picking Up Steam, Says Bloomberg’s Matt Townsend

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FS Insider interviews Matt Townsend at Bloomberg to get an update on why America’s ‘retail apocalypse’ is really just beginning, as he reported last November, looking at the confluence of massive debt issuance now coming due, higher debt servicing costs, and the prospect for further bankruptcies in the retail space (and other industries) accelerating over the next several years.

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Mentioned in this interview:
America’s ‘Retail Apocalypse’ Is Really Just Beginning
Toys ‘R’ Us Files to Shut Down Its US Operations

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About James J Puplava CFP