ARTICLE
- Bloomberg.com
(2017)
Bloomberg, 2017: "The spillover from retailer debt will flow far and wide across the economy.
The reason isn’t as simple as Amazon.com Inc. taking market share or twenty-somethings spending more on experiences than things. The root cause is that many of these long-standing chains are overloaded with debt...
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"The retail apocalypse refers to the closing of a large number of American retail stores beginning in 2016...as American consumers shift their purchasing habits due to various factors, including the rise of e-commerce... Of 1,200 shopping malls across the US, 50% are expected to close by 2023* (Wikipedia)
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