Why ‘zombie’ retailers are taking so long to die
Why 'zombie' retailers are taking so long to die 1Your favorite store may be among the zombie retailers who in 2020 finally realize their demise. “Talk about an unloved sector. I mean retail,” said Steve Sosnick the Chief Strategist at Interactive Brokers (IBKR). Sosnick told Yahoo Finance’s On the Move low interest rates and easy money are allowing companies to stay in business when the …
News story posted on 2020-01-07T23:29:00.0000000Z