Economic Pressure Points, Real Estate Magnate Don Peebles, and Consumer Credit Risk 9/26/23
The Exchange
00:00
Challenges in Credit Card Revenues and Department Store Sales
The podcast explores the effects of increasing delinquencies on credit card revenues and the decline in department store revenues caused by reduced customer spending. Concerns are raised about the future sales outlook for department stores due to structural challenges and a lack of interest from younger generations, and the chapter concludes with a mention of an analyst's note on Kohl's and Nordstrom.
Play episode from 50:34
Transcript
