Description: Along the cobblestone streets of SoHo, Chanel handbags and Arc’teryx jackets are displayed in shops like museum pieces, harking back to the height of the neighborhood’s trendiness. But rents there are softening, and the number of vacant storefronts is rising.
Date: April 15, 2017
Questions for discussion:
- What can management do to mitigate the financial challenges facing retailers?
- What does this report suggest to investors in retail stocks?