Retail Apocalypse Getting Worse Nexus Newsfeed The retail apocalypse has spread out so fast that the traditional black friday and holiday shopping are now jeopardized. hundreds of thousands of retail store closures are happening around the country, and more than half of them won't ever resume their activities. A hundred thousand retail jobs were lost from october 2016 to april 2017; in june, 1,000 stores closed in a week. and this will get worse: only $100 million in retail debt came due this year, but.
Retail Apocalypse Target S Prideful 12 5b Nightmare Just Got Worse Before the pandemic, banks modified about 2% of their loans a quarter and cmbs lenders modified 0.1%. from 2020 to 2022, bank loan modifications got as high as 17%, but cmbs barely brushed up. Join the nexus newsfeed email list newsletter. email address. receive nexusnewsfeed top 15 headlines email daily. receive extremely rare emails regarding emergencies or important newsfeed news. receive nexus magazine emails regarding events, products, new issues and news. subscribeclose. Patriarch kirill, the head of the russian orthodox church, has warned of the challenges that the rapid development of artificial intelligence (ai) poses for mankind. the church leader made the remarks at the ‘culture of the 21st century: sovereignty or globalism?’ forum in st. petersburg on wednesday. “if humanity loses religious faith. Forever 21 on sunday was the latest major retailer to file for bankruptcy. it announced plans to close as many as 178 stores in the united states, about a third of those it operates. earlier this.
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