U.S. Retail: Mining for Gold Amid Abandoned Malls
IBKR Podcasts
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Is It a Bifurcation on the Extremes?
Some high end retailers have cut their forecasts for 2020. Is it like a bifurcation on the extremes? Are we looking at a sort of barbelling of retailers that will do well on the high end extremes and discounters on the other end at the extremes? Well, I just came back from Paris and you just wouldn't believe on the high-end or maze and Chanel, people are lining up outside not because of COVID but because the staff inside can't handle. And so there's something there that you're right. The bifurration is quite significant, so I think from that end we're going to see this bifurcations continue.
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