Fitch: Challenges, Opportunities Ahead for Strong Retailers
ByNew York—There’s no doubt retailers in the United States are facing challenges, many of them due to the growth of e-commerce and how it is affecting the nation’s malls and shopping centers and ultimately the bottom lines of top retail companies. In a new report, “What Investors Want to Know: U.S. Retail,” Fitch Ratings analysts address those concerns and find that despite some problems, there could be opportunities for the strongest players.
“The mall retail landscape will evolve significantly over the next few years but remain a viable shopping destination as part of a broader omnichannel strategy,” David Silverman, senior director, U.S. Corporates, and one of the study’s authors, said in a prepared statement. “Consumers still want the option of an in-store experience, but retailers will have to rethink how they’re using their square footage.”…
